Reputation: 3
I would like to know to define the formula of ppf (public provident fund )in java code.
I have tried
p*(Math.pow(1+i/100,t));
but I am getting it wrong
Pff formula is:
F = P[{(1+i)n-1}/i]
where,
The formula works like duration - 3 years and interest -7.1%
1 0 1,00,000 7,100.04 1,07,100
2 1,07,100 1,00,000 14,704.08 2,21,804
3 2,21,804 1,00,000 22,848.12 3,44,652
Upvotes: 0
Views: 348