First find the total principle per month.
Formula- P[ n/2 (n+1)]
Then find the interest.
Formula- Total Principle calculated X rate/100 X 1/12
Then calculate the amount.
Formula- P X n + interest calculated
Here P stands for money deposited per month and n stands for no. of months!
Bill_developer 12:04 am on December 9, 2010 Permalink |
check the finanace calculator of banks online.
anwesha 12:04 am on December 9, 2010 Permalink |
First find the total principle per month.
Formula- P[ n/2 (n+1)]
Then find the interest.
Formula- Total Principle calculated X rate/100 X 1/12
Then calculate the amount.
Formula- P X n + interest calculated
Here P stands for money deposited per month and n stands for no. of months!