If P is principal amount, i is the rate of interest per annum and n is – McqOptions

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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.	(n + i)
D.	None of these
Answer» B. (1 + i)(1/2n)

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