Bill Discount Estimate Using TCMB Rates
Estimate a bill discount using simple interest and the published TCMB rediscount or advance rate.
Trade Credit, Rediscount & FinancingVersion 1
Things to keep in mind:
This is a simple-interest estimate; it does not implement Tax Procedure Law arts. 281/285 valuations, bank discount contracts or accrual methods. TCMB table rates apply to bills with up to three months to maturity.Calculator
Result
Enter the values and press Calculate to see the result here.