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FCNR – Foreign currency Non Resident Cash Certificates

Calculate foreign currency cash certificates and their issue prices using half yearly compounding, this free financial calculator will help you.

Foreign currency Non Resident Cash Certificates

  • Face value (P) :

  • Rate of Interest (i) :

  • Number of half years (n) :

  •  

  • Issue Price (A) :

Formula:

A = P / ( (1+r)n )

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