Fixed Deposit Calculator
Calculate the total amount and the interest earned after a particular period.
Link : https://play.google.com/store/apps/d...ositcalculator
- 02-14-2014, 03:20 PM #2
Re: Fixed Deposit Calculator
Why wouldn't someone just use the calculator, like so?
M = D * (1+p)t
where M is the amount at maturity, D is the initial deposit, p is the percentage rate, and t is the term expressed in the same time units as the interest rate (usually by years, obviously).
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