BCATimeDepositCalculator.md

BCA Time Deposit Calculator

This project provides a Python class for calculating returns on BCA time deposits.

Features

• Calculates interest earned, tax, and total amount based on principal, period, and current interest rates.
• Handles different interest rates for varying deposit amounts and periods.
• Provides a function to determine the required principal to achieve a target interest after tax.
• Formats numbers with thousand separators for better readability.

Example Result

1. Calculate Time Deposit Output:

BCA Time Deposit Calculation Results:
--------------------------------------------
Principal Amount    : Rp.    100.000.000.000
Period              : 12 month(s) (365 days)
Interest Rate       :                   2,1%
Interest Earned     : Rp.      2.100.000.000
Tax                 : Rp.        420.000.000
--------------------------------------------
Total Amount        : Rp.    101.680.000.000

2. Calculate Principal Output:

Principal required for target interest of Rp. 100.000.000 after tax in 1 month(s): Rp. 46.794.871.608

Source Code

https://colab.research.google.com/drive/12dPxbj4GMPP3uss_qo1hphWPaPpDhVHp#scrollTo=bCXyBPuC2_ZC

Credit

https://www.bca.co.id/id/Individu/produk/simpanan/Deposito-Berjangka