Final Value of Rente Pra Numerando

Rente pranumerando is an empowered rent at the beginning of the period, so the final installment has undergone a one-period development.

Formula of Rente Pra Numerando

Keterangan :
FS = Final Value
C = First capital period
i = Percentage of interest per period
n = Period period

Example Question of Rente Pra Numerando

Every beginning of the year Nisa saves money at ABC Bank for $1,000,000. If the bank gives 6%interest/year, determine the money Nisa after saving 20 years!

Answer:
C = $1,000,000
i = 6%/year = 0.06/year
n = 20years

So Nisa's money after saving 20 years is $38,992,726.68.

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Referensi :

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

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