QN01. Under simple interest, the interest for n years is ______________. A=P(1+ni). A=P(+i). A=Pnr/100. A=P(1+i)n. Answer(C)A=P(1+i)n. QN02. Formula for Bankers gain is ______________. Anr/100. An2r2/100(100+nr). 100A/100+nr. Anr/100+nr. Answer(B)An2r2/100(100+nr). QN03. The formula for finding the compound interest is ______________. A=P(1+ni). A=P(1+i). A=Pnr/100. A=P(1+i)n. Answer(B)A=P(1+i)n. QN04. The present value under annuity due is ______________. A/i [1-(1+i)-n]. A+A/i…
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