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

The amount of simple interest during ' n ' interest period is (where,

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

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

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