Recurring-Deposit Quarterly Compounding Calculator
Calculate Maturity Amount of Recurring-Deposits(RD) Calculator
An online recurring deposit value calculation.
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Build up your savings thru regular monthly deposits of fixed sum over a fixed period of time.
Recurring Deposit Calculator Formula
A = ( S * (1+r) * [(1+r)n - 1 ] ) / rWhere,
A = Maturity value
S = Quarterly installment
r = Rate of Interest (i) / 400
n = Number of Quarters
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