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Quarterly compounding
A = P(1 + R/400)⁴ⁿ
Where: A = amount, P = principal (₹), R = rate of interest (% per year), n = time (years)
Solved example
Given: P = 7, R = 5, n = 10
Find: A (amount)
- Formula: A = P·(R/400 + 1)^(4·n)
- Substitute the values: A = 7·(5/400 + 1)^(4·10)
- Result: A = 11.505336
Answer: A = 11.505336
Calculator
How to calculate Quarterly compounding
- Write down the formula: A = P(1 + R/400)⁴ⁿ.
- Note the known values (P, R, n).
- Substitute them and simplify to find A.
- Use the calculator above to solve for any letter.
Frequently asked questions
What is the formula for Quarterly compounding?
The formula is A = P(1 + R/400)⁴ⁿ, where A = amount, P = principal (₹), R = rate of interest (% per year), n = time (years).
What is Quarterly compounding when P = 7, R = 5, n = 10?
A = 11.505336. Substitute the values into A = P(1 + R/400)⁴ⁿ and simplify.