1.

If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:$?

A. (1 + i)n
B. (1 + i)(1/2n)
C. ‚Äö√ √∂(n + i)
D. None of these
Answer» B. (1 + i)(1/2n)


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