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  1. If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is:

    2. A.

     (1 + i/m)n
    B.

     (1 + i/n)m
    C.

     (1 + i/n)1/m
    D.

     (1 + i/m)1/n

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    Answer : Option A

    Explanation :

    Explanation Not Provided

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