A fixed deposit interest calculator is a web program that calculates how much money you will get when your fixed deposit matures. You must input the following data into the calculator:
In a non-cumulative FD, you will get interested each year, and your principal investment will remain unchanged at the end of the year. The interest earned on a cumulative FD is added to the principal investment and compounded each year. For non-cumulative fixed deposits, a fixed deposit compound interest calculator utilizes the following formula to calculate the maturity amount:
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About Author:Aman is working in the domain of Investment management in one of the top universities. He has published research papers and case studies in Investment and Fixed Deposit marketplace. He is an avid blogger in the domain of Investment management. you can also find him on social networking platforms. Archives
August 2022
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