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What is the correct answer?
4
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 + i
n
)
Correct Answer :
A. p[(1+i)
n
- 1)]
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