The amount of simple interest during 'n' interest period is (where, i = interest rate based on the length of one interest period, p = principal)
p.i.n.
p(1 + i.n)
p(1 + i)n
p(1 - i.n)
Correct Answer :
A. p.i.n.
p.i.n.
p(1 + i.n)
p(1 + i)n
p(1 - i.n)
A. p.i.n.