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Reported Question / Answer
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)
1)
p(1 i.n)
2)
p.i.n.
3)
p(1 - i.n)
4)
p(1 i)n
5)
NULL
Answer :
2
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