If ‘S’ is the amount available after ‘n’ interest periods for an initial principal ‘P’ with the discrete compound interest rate ‘i’, the present worth is given by__________________? | MCQ Hive

Chemical Engineering

Q If ‘S’ is the amount available after ‘n’ interest periods for an initial principal ‘P’ with the discrete compound interest rate ‘i’, the present worth is given by__________________?

A A. (1 + i)n/s
B B. S/(1 + i)n
C C. S/(1 + in)
D D. S/(1 + n)i

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