Fixed Deposit Interest & Maturity Calculator
Posted by Dinesh onThis calculator calculates the maturity value, interest earned amount using principal amount, rate of interest, number of period, frequency values.
Fixed Deposit Interest & Maturity Calculation
Formula:
A = P x (1 + r/n)nt
I = A - P
A = Maturity Value
P = Principal Amount
r = Rate of Interest
t = Number of Period
n = Compounded Interest Frequency
I = Interest Earned Amount