FD Calculator
Calculate how much your fixed deposit will grow over time with compounding interest.
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How it works
A = P × (1 + r/n)^(n*t)
Where:
- A = maturity amount
- P = principal amount
- r = annual interest rate
- n = number of times interest is compounded per year
- t = tenure in years
Frequently Asked Questions
What is a Fixed Deposit?
A Fixed Deposit (FD) is a financial instrument provided by banks which provides investors a higher rate of interest than a regular savings account, until the given maturity date.