Annuity Calculator For Quarterly Payments
Annuity Calculator for calculating the annuity deposits for quarterly re-payments.
Annuity Calculator For Quarterly Payments
Annuity Calculator for calculating the annuity deposits for quarterly re-payments.
Code to add this calci to your website
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.