Cash Value Of Rente Pra Numerando
The value of rente pranumerando is the sum of all installment cash values calculated at the beginning of the first interest period.
Information :
CV = Cash value
C = First capital at the period
i = Percentage of interest per period
n = Period period
A student will get a scholarship at the beginning of every month from PT UNILEVER for $250,000 for 3years. If the gift will be granted at the beginning of the first month at 2%/month interest, please specify the amount of the scholarship total received by the student!
Answer:
C = $250,000
i = 2%/month = 0.02/month
n = 3years = 26months
So the total scholarship received by the students is $6,499,654.83
Similarly this article.
Sorry if there is a wrong word.
The end of word wassalamualaikum wr. wb
Referensi :
Cash Value Formula of Rente Pra Numerando
Information :
CV = Cash value
C = First capital at the period
i = Percentage of interest per period
n = Period period
Example of Cash Value of Rente Pra Numerando
Answer:
C = $250,000
i = 2%/month = 0.02/month
n = 3years = 26months
So the total scholarship received by the students is $6,499,654.83
Similarly this article.
Sorry if there is a wrong word.
The end of word wassalamualaikum wr. wb
Referensi :
- To'Ali's book math group accounting and sales
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