R

Ram Sharma • 193.88K Points
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Q. 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)
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