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

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Ram Sharma

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📊 Chemical Engineering Plant Economics

Q. 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 + iⁿ)

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✅ Correct Answer: (A) p[(1 + i)ⁿ - 1]

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