Which of the following represents the amount of money accumulated after n years, including interest, on a principal amount P at an annual interest rate r compounded annually?

مندرجہ ذیل میں سے کون این سال کے بعد جمع ہونے والی رقم کی نمائندگی کرتا ہے، بشمول سود، پرنسپل رقم پی پر ایک سالانہ سود کی شرح آر پر سالانہ مرکب؟
Answer: P(1 + r)^n
Explanation

P(1 + r)^n: Future value formula for principal P, rate r, and time n, including total interest.

This formula calculates the future value with annual compounding.

This question appeared in Past Papers (2 times)
OG iii Officer Grade III Past Papers (1 times)
ZTBL OG III Past Papers and Syllabus (1 times)

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