Cash Value of Rente Post Numerando

The value of rente post numerando is the sum of all installment cash values calculated at the end of the interest period.

Cash Value Formula of Rente Post Numerando

Information :
CV = Cash value
C = Initial capital period
i = percentage of interest per period
n = period period

Example Question of Cash Value of Rente Post Numerando

Each end of the month Cinta Damai foundation earned donations from the World Peace Agency of $5,000,000 for 3 consecutive years. If the donation will be awarded at the same time and subject to interest of 2%/month, please determine the total donation received by the foundation!

Answer:
C = $ 5,000,000
i = 2% / month = 0.02 / month
n = 3 years = 36 months

So the total donation received by the foundation is $127,444,212.41.

Similarly this article.
Sorry if there is a wrong word.
The end of word wassalamualaikum wr. wb

Referensi :

• To'Ali's book math group accounting and sales

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