R

1800
200
1000
100
100

0.08
0.09
0.1
0.08
0.12

4
12
1
4
12

6
20.25
10
3
2

0.02
0.0075
0.1
0.02
0.01

24
243
10
12
24

54759.352453
137209.97369
15937.424601
1341.2089728
2697.3464853

Ex 1
Ex 2
Ex 3
Example 15
Example 16

100
5000
4000
800

0.09
0.06
0.09
0.12

12
1
1
4

2
8
5
7

0.0075
0.06
0.09
0.03

24
8
5
28

2188.915
31048.97
15558.61
15011.29

Example (17)
Ex 1
Ex 2
Ex 3

Sinking Fund
Periodic Payment Formula
S

30000
20000
100000
250000
2500000
200000
250000
450000

0.1
0.04
0.045
0.105
0.07
0.09
0.085
0.1

4
2
6
12
1
4
12
12

2
6
20
25
20
10
25
30

0.025
0.02
0.0075
0.0088
0.07
0.0225
0.0071
0.0083

8
12
120
300
20
40
300
360

3434
1491.2
516.76
172.95
60982
3135.5
242.23
199.07

S
r
m

The Sum to be accumulated

interest/yr
number of conversion periods/yr
equal number of payment/yr
t
number of years
I = r / m interest per period
n = mt number of periods in t years

The periodic Payment

The
R =

Formula
i*S/((1+i)^n-1)

Example (19)
Ex 1
Ex 2
Ex 3
Ex 4
Ex 5
Ex 6
Ex 7