Final Value Of Rente Post Numerando

Rente post numerando is the rent paid at the end of the period, so the simpulan installment is not subject to interest.

Formula of Rente Post Numerando


Information :
FS = Final Value
C = Capital at the beginning of the period
i = Percentage of interest per period
n = Period period

Example Question of Rente Post Numerando


At the end of each year my father kept his money in the ABC bank for $800,000 for 25 years. If the bank earns 5% interest/years, determine the total amount of Dad's deposits!

Answer:
C = $800,000
i = 5%/year = 0.05/year
n = 25 years



So the total amount of Father's savings is $38,181,679.05.

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Referensi :
  • To'Ali's book math group accounting and sales

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