Chemical Engineering - Chemical Engineering Plant Economics - Discussion

Discussion Forum : Chemical Engineering Plant Economics - Section 2 (Q.No. 51)
51.
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
Explanation:
No answer description is available. Let's discuss.
Discussion:
1 comments Page 1 of 1.

Tee said:   10 years ago
Why is it not p(1 + i.n)?

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