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  • Calculation of Interest Accrued/Earned On FDR Day Month Year PV Rate DT of FDR Dom MV Intt. Acc

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    triton.shackford
    10 views8 pages
    This document provides instructions for calculating interest accrued on a fixed deposit receipt (FDR). It allows the user to input the date of inception of the FDR, date up to which interest should be calculated, maturity date of the FDR, principal amount, and interest rate. Based on the inputs provided, it will automatically generate the maturity value and interest accrued up to the specified date. The instructions also note that if the interest rate is not provided, the user can confirm it by matching the generated maturity value to other known facts when random interest rates are entered.

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    Original Title

    Fdr Int Calc

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    This document provides instructions for calculating interest accrued on a fixed deposit receipt (FDR). It allows the user to input the date of inception of the FDR, date up to which interest should be calculated, maturity date of the FDR, principal amount, and interest rate. Based on the inputs provided, it will automatically generate the maturity value and interest accrued up to the specified date. The instructions also note that if the interest rate is not provided, the user can confirm it by matching the generated maturity value to other known facts when random interest rates are entered.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    10 views8 pages

    Calculation of Interest Accrued/Earned On FDR Day Month Year PV Rate DT of FDR Dom MV Intt. Acc

    Uploaded by

    triton.shackford
    This document provides instructions for calculating interest accrued on a fixed deposit receipt (FDR). It allows the user to input the date of inception of the FDR, date up to which interest should be calculated, maturity date of the FDR, principal amount, and interest rate. Based on the inputs provided, it will automatically generate the maturity value and interest accrued up to the specified date. The instructions also note that if the interest rate is not provided, the user can confirm it by matching the generated maturity value to other known facts when random interest rates are entered.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 8

    Calculation of Interest accrued/earned on FDR

    Dt of FDR
    Intt acc upto

    DoM

    Day
    1
    31
    1
    MV
    14,478.80

    Month
    2
    3
    2
    Intt. Acc.
    1,386.48

    Year
    2008
    2009
    2010

    PV
    12,000.00

    Rate
    9.50%

    1
    2
    3
    4
    5
    6
    7
    8
    9
    10
    11
    12

    1
    2
    3
    4
    5
    6
    7
    8
    9
    10
    11
    12
    13
    14
    15
    16
    17
    18
    19
    20

    2000
    2001
    2002
    2003
    2004
    2005
    2006
    2007
    2008
    2009
    2010
    2011
    2012
    2013
    2014
    2015
    2016
    2017
    2018
    2019

    21
    22
    23
    24
    25
    26
    27
    28
    29
    30
    31

    2020
    2021
    2022
    2023
    2024
    2025
    2026
    2027
    2028
    2029
    2030

    13181.26
    205.2249
    13386.48
    4.655556
    4
    0.655556
    14478.8
    0
    14478.8
    8
    8
    0

    Instructions to Use:
    1. You can set
    - Date of inception of FDR
    - Date upto which Interest accrued/earned you require
    - Date of maturity for FDR
    - Amount of FDR
    - Rate of interest of FDR
    2. Maturity Value and Interest accrued/earned upto the date provided shall
    be automatically generated.
    3. If you are not provided with RoI, confirm it by providing other facts and
    matching the Maturity Value thus generated when you provide random
    RoIs!

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