If interest is paid more than once in a year, i is the rate of interest per year, n is the number of periods in years and m is a number of periods per years, compound amount factor (CAF) is :

If interest is paid more than once in a year, i is the rate of interes

1.	If interest is paid more than once in a year, i is the rate of interest per year, n is the number of periods in years and m is a number of periods per years, compound amount factor (CAF) is :
A.	<img src="/_files/images/civil-engineering/engineering-economy/01-26-4-1.png">
B.	<img src="/_files/images/civil-engineering/engineering-economy/01-26-4-2.png">
C.	<img src="/_files/images/civil-engineering/engineering-economy/01-26-4-3.png">
D.	<img src="/_files/images/civil-engineering/engineering-economy/01-26-4-4.png">
Answer» B. <img src="/_files/images/civil-engineering/engineering-economy/01-26-4-2.png">