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Term Deposit Calculator

This calculator helps you calculate the maturity value of a term deposit, considering the principal, interest rate, and the term length. It’s useful for individuals looking to invest a lump sum amount for a fixed term and receive a guaranteed return at the end of the term.

Calculate Maturity Value of Your Term Deposit

Input Fields
P
$
Enter the principal amount (initial deposit)
r
%
Enter the annual interest rate (in %)
n
Enter the investment term in years
If enabled, the result will update automatically when you change any value.

Term Deposit Maturity Value Formula

Formula
$$Maturity Value = P \times \left(1 + \frac{r}{n}\right)^{nt}$$

Where:

  • Maturity Value – Total value of the term deposit at maturity
  • P – Principal amount (initial investment)
  • r – Annual interest rate (expressed as a decimal, e.g., 5% = 0.05)
  • n – Number of times the interest is compounded per year
  • t – Time in years (term of the deposit)

This formula calculates the total value of your term deposit, including both principal and interest.

A Term Deposit is an investment where you deposit a lump sum amount for a fixed period at a predetermined interest rate. The maturity value includes the principal and the interest earned during the term. This tool is particularly useful for people who want to plan their investment returns, as term deposits are often a safe and stable way to grow savings with guaranteed returns. Whether you’re saving for a future expense or planning a long-term investment strategy, this calculator helps you estimate how much your term deposit will be worth at the end of the term.

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