1.

The amount of simple interest during \'n\' interest period is (where, i = interest rate based on the length of one interest period, p = principal)

A. p(1 i.n)
B. p.i.n.
C. p(1 - i.n)
D. p(1 i)n
Answer» C. p(1 - i.n)


Discussion

No Comment Found

Related MCQs