Sinking Fund(SF) Calculator
This online sf calculator will helps you to know the payment required to accumulate a specified amount by the end of a given period and interest rate.
Formula for Sink Fund Calculation :
A sinking fund is simply a strategic way to save money by setting aside a little bit each month.In other words, the amount you will need to contribute to a sink-fund for each given period to reach a savings target.
A - Money accumulated
P - Periodic contribution
r - Interest rate
t - Number of years
n - Number of payments per year or frequency