Select the function that represents the simple interest formula.

A. A(n)=(n-1)(P*i)^n, where n is any real number
B. A(n)=n+(P-1)i*P, where n is a positive integer
C. A(n)=P(1+i)^n-1, where n is any real number
D. A(n)=P+(n-1)i*P, where n is a positive integer

Respuesta :

Answer:

The answer is D on apex. I just took the test, hope I could help :)

Step-by-step explanation:


Answer:

D. A(n) = P + (n-1)i*P

Step-by-step explanation:

The formula to calculate the simple interest is:

[tex]SI = \frac{Pnr}{100}[/tex]

Replace i by [tex]\frac{r}{100}[/tex], then

SI = Pni

where n is the number of years.

So, for n-1 years, the simple interest is:

SI = P(n-1)*i

The Total amount is:

A(n) = P + (n-1)i*P

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