Fixed Deposit (FD) Calculator

Calculate the maturity amount and interest earned for bank fixed deposits (quarterly compounding).

Inputs

Principal Deposit (₹)

5001,00,00,000

Rate of Interest (% p.a.)

120

Time Period (Years)

125

Calculation Results

Interest Earned

₹41,478

Maturity Amount

₹1,41,478

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Formula & Mathematical Explanation

\displaystyle A = P \left(1 + \frac{r}{4}\right)^{4t}

Maturity value (A) is calculated assuming standard bank quarterly compounding where the interest rate is divided by 4, and the time in years is multiplied by 4.