The interest rate i can be calculated given F, P, and N as follows: N 1 P Select one: O True False In simple interest, the interest for the current period is computed based on the amount (principal plus interest up to the end of the previous period) at the beginning of the current period Select one: True False Present worth analysis is a very popular technique used by professional engineers to evaluate single projects or compare alternative projects that are mutually exclusive or independent from each other. Select one: O True False