A PPF calculator works on the following formula- F = P[({(1 + i) ^ n}-1)/i] Where, F = Maturity proceeds of the PPF P = Annual installments n = Number of years i = Rate of interest/100 Now, let’s take an exampl
How To Calculate The Interest Using PPF Calculator?Calculation of PPF interest is not difficult. So, what is the exact algorithm of PPF calculator? As mentioned earlier, the interest will be compounded annually.For instance, you have made the initial investment of Rs. 1.5 lac. So, you will ...