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.
Information :
FS = Final Value
C = Capital at the beginning of the period
i = Percentage of interest per period
n = Period period
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.
Similarly this article.
Sorry if there is a wrong word.
The end of word wassalamualaikum wr. wb
Referensi :
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.
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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