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FCNR Quarterly Income Deposits Calculator for Discounted Interest

Principal Amount (P) :
Rate of Interest (i) :



Discounted Interest (A) :

 
   
  
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Formula Used:

A = ( P * r ) / [ (1+s) + 1 ]

Where,
A = Discounted Interest
P = Principal Amount
r = Rate of Interest (i) / 200
s = Rate of Interest (i) / 400

Calculate dynamically FCNR Foreign Currency (Non-Resident) Quarterly Income Deposits for Discounted interest (Half Yearly Compounding)