MCQOPTIONS
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| 1. |
The amount of compounded interest during ‘n’ interest periods is_________________? |
| A. | p[(1+i)n – 1)] |
| B. | p(1 + i)n |
| C. | p(1 – i)n |
| D. | p(1 + in) |
| Answer» B. p(1 + i)n | |