Chemical Engineering Plant Economics - Chemical Engineering Questions and Answers

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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)

Answer : Option A

Explanation :

No answer description available for this question.

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