Calculate Quarterly Payments using Annuity Calculator
Annuity Calculator For Quarterly Payments
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Monthly installment (D):
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Rate of Interest (i):
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Number of Quarters (n):
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Quarterly Repayments (A) :
A = ( D * [ (1+r)2/3 + (1+r)1/3 + 1 ] * (1+r)n
Where,
A = Quarterly Repayments
D = Monthly Installment
r = Rate of Interest (i) / 400
n = Number of Quarters