Cash Certificate Issue Price – Free Online Calculator
Cash Certificate Issue Price Calculator
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Maturity Amount (Face value)(P):
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Rate of Interest(i) :
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Number of Quarters(n) :
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Issue price (A) ::
Formula:
A = ( P ) / (1+r)n
Where,
A = Issue price
P = Maturity Amount (Face value)
r = Rate of Interest (i) / 400
n = Number of Quarters