Cash Certificate Issue Price Calculator is used to calculate the price of cash certificates, which are pre-printed certificates like bonds. The price of the cash certificate depend upon the rate of interest and the period of investment which is much lower than the face value.
Calculator of Cash Certificate Issue Price
Formula for Cash Certificate Issue Price
A = ( P ) / (1+r)n
- A = Issue price
- P = Maturity Amount (Face value)
- r = Rate of Interest (i) / 400
- n = Number of Quarters
Cash/Bond Certificate Issue Price Calculator is much useful for calculating the price of the bond based on the Face Value, rate of interest, interest compounding interval and period of investment.