The value of the investment after 12 months can be calculated as follows. A P 1 rn nt. An amount of 100 is deposited quarterly into a savings account at an annual interest rate of 10 compounded monthly.
A stands for final amount procured.
Compound Interest in Excel Formula. How is Interest on RD Calculated. Please note that the amount calculated is applicable only when the interest is compounded quarterly. The Deposit Interest Calculator allows you to compute the initial deposit the interest rate the maturity or the final amount including interest on the basis of your input information.
