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Chemical Engineering · Q38

Chemical Engineering Plant Economics

Engineering and GATE · Chemical Engineering · question 38

Q38

The amount of compounded interest during 'n' interest periods is

A.
p[(1 + i)n - 1]
Answer
B.
p(1 + i)n
C.
p(1 - i)n
D.
p(1 + in)

Answer: Option A

Solution

Answer: Option A
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