Annuity Calculator for calculating the annuity deposits for quarterly re-payments.
Calculator of Annuity For Quarterly Payments
|Monthly installment (D) :|
|Rate of Interest (i) :|
|Number of Quarters (n) :|
|Quarterly Repayments (A) :|
Formula Annuity For Quarterly Payments
A = ( D * [ (1+r)2/3 + (1+r)1/3 + 1 ] * (1+r)n
- 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.