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)
A. p[(1+i)n – 1)]
B. p(1 + i)n
C. p(1 – i)n
D. p(1 + in)