Discounted Interest
Formula of Discounted Interest
A = (i/4) / [ ( 1+(i/1200) )2 + ( 1+(i/1200) )+1 ]
Where,
- A = Result
- i = Rate of Interest
Simple Online tool for calculating monthly income deposits for discounted interest (Quarterly Compounding).
A = (i/4) / [ ( 1+(i/1200) )2 + ( 1+(i/1200) )+1 ]
Where,
Simple Online tool for calculating monthly income deposits for discounted interest (Quarterly Compounding).