Name : Raden Dani Januardi
NIM : 065.07.005
What is the value of S P Rp 10,000,000 if j12 = 12% for:
a. 5 years
b. 25 years
Answer:
a. P = Rp 10,000,000
i = 12% / 12 = 1% = 0.01
n = 5 years x 12 months = 60
S = P (1 + i) ⁿ
= Rp 10,000,000 (1 +0.01) 60
= Rp 18,166,967
b. P = Rp 10,000,000
i = 1% = 0.01
n = 25 years x 12 months = 300
S = P (1 + i) n
= Rp 10,000,000 (1 +0.01) 300
Rp = 197884662.6
Description:
Compound interest calculation
S = P (1 + i) n with i = jm / m
With
P = initial principal value (principal)
S = value end
n = Number of interest calculation period
m = number of times a year in interest rates, namely 2 to semesteran, 4 to
dst quarter.
Jm = nominal annual interest rate calculation to the period m times per year.
i = interest rate interest rates periodically
Tuesday, April 21, 2009
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