Fixed Deposit Calculator
This calculator helps you determine the returns on a fixed deposit based on principal, interest rate, and tenure. It’s ideal for planning investments, comparing different fixed deposit schemes, and forecasting future savings growth with compounded interest.
Calculate Returns on Your Fixed Deposit Investment
Fixed Deposit Return Formula
Where:
- A – Amount after interest (Final Value)
- P – Principal amount (Initial Investment)
- r – Annual interest rate (in decimal form)
- n – Number of times the interest is compounded per year
- t – Number of years the money is invested for
This formula calculates the compounded interest on a fixed deposit over a given time period.
Fixed deposits are a popular investment option that offers guaranteed returns at a fixed interest rate over a predefined period. This calculator is useful for evaluating the total amount you will receive upon maturity of the deposit, helping you make informed decisions when selecting fixed deposit plans. You can compare different investment tenures, interest rates, and compounding frequencies to find the best option for your financial goals.