

MCQOPTIONS
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1. |
If ' S ' is the amount available after ' n ' interest periods for an initial principal ' P ' with the discrete compound interest rate ' i ', the present worth is given by |
A. | (1 + i ) n / S |
B. | S /(1 + i ) n |
C. | S /(1 + in ) |
D. | S /(1 + n ) i |
Answer» C. S /(1 + in ) | |