FCNR Maturity Value Formula
Equation for calculate fcnr maturity value is,
A = ( P * (1+r) ^ n )
Where,A = Maturity value
P = Principal Amount
r = Rate of Interest (i) / 400
n = Number of Quarters
Equation for calculate fcnr maturity value is,
A = ( P * (1+r) ^ n )
Where,