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Discussion :: Engineering Economics

  1. If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:

    2. A.

     (1 + ni)
    B.

     (ni - 1)
    C.

     ni
    D.

     None of these

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    Answer : Option A

    Explanation :

    Explanation Not Provided

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