Q.

If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:

A. (1 + i)n
B. (1 + i)(1/2n)
C. v(n + i)
D. None of these
Answer» A. (1 + i)n
1.4k
0
Do you find this helpful?
1

View all MCQs in

Economics for Engineers

Discussion

No comments yet