Cash Certificate Issue Price Calculator

Posted by Dinesh on 21-03-2021T11:25

This Cash Certificate Issue Price Calculator tool is used to estimate the price of cash certificates, which are pre-printed certificates like bonds. The price of the cash certificate depend upon the rate of interest and the period of investment which is much lower than the face value.

Calculation of Cash Certificate Issue Price

Formula:

A = P

Where,
A = Cash Certificate Issue Price
P = Maturity Amount (Face value)
r = Rate of Interest (i) / 400
n = Number of Quarters

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