Investment Payment Calculator

   
   

Future Amount  (F)  

Payment Amount  (P)  

Rate of Interest  (i)  %

Rate of Interest Compounded

Formula

N = [ log ( 1 + [ ( r*F ) / P ] ) ] / ( log (1+r) )
Where,
P = Payment Amount
F = Future Amount
r = Rate of Interest (compounded)
N = Number of Payments
Rate of Interest Compounded is,
If Monthly, r = i / 1200
If Quarterly, r = i / 400
If Half yearly, r = i / 200
If Yearly, r = i / 100