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Chemical Engineering · Q67

Chemical Engineering Plant Economics

Engineering and GATE · Chemical Engineering · question 67

Q67

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

Answer: Option A

Solution

Answer: Option A
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