FCNR Cash Certificates Issue Prices Calculator
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Calculate Foreign Currency(Non-Resident)(FCNR) Cash Certificates Issue Prices based on Half Year Compounding.

FCNR Cash Certificates Issue Prices Calculator

Face value (P) :
Rate of Interest (i) :
Number of half years (n) :
 
Issue Price (A) :

Calculate Foreign Currency(Non-Resident)(FCNR) Cash Certificates Issue Prices based on Half Year Compounding.

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Formula Used: A = P / ( (1+r)n ) Where, A = Issue Price P = Face Value r = Rate of Interest (i) / 200 n = Number of half years

Calculating the FCNR-Foreign Currency(Non-Resident) Cash Certificates Issue Prices (Half Yearly Compounding) is made easier.


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