FCNR Monthly Income Deposits Formula - Investments

Formula Used:
A = ( P * r * s ) / [ (1+s)6 -1 ] OR
A = ( P * r ) / [ (1+s)5 + (1+s)4 + (1+s)3 + (1+s)2 + (1+s)1 + 1 ]

Where,
A = Discounted Interest
P = Principal Amount
r = Rate of Interest (i) / 200
s = Rate of Interest (i) / 1200

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