The amount of simple interest during ‘n’ interest period is (where, i = interest rate based on the length of one interest period, p = principal)

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Question: The amount of simple interest during ‘n’ interest period is (where, i = interest rate based on the length of one interest period, p = principal)
[A].

p.i.n.

[B].

p(1 + i.n)

[C].

p(1 + i)n

[D].

p(1 – i.n)

Answer: Option A

Explanation:

No answer description available for this question.