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Annuity Calculator For Quarterly Payments

Monthly installment (D) :
Rate of Interest (i) :
Number of Quarters (n) :



Quarterly Repayments (A) :

 
   
  
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Formula Used:

A = ( D * [ (1+r)2/3 + (1+r)1/3 + 1 ] * (1+r)n

Where,
A = Quarterly Repayments
D = Monthly Installment
r = Rate of Interest (i) / 400
n = Number of Quarters

Annuity Depostit calculation for quaterly re-payments is made easier.