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See exactly what your fixed deposit will be worth.
A = P × (1 + r/n)^(n × t)
Standard compound interest formula. Your principal compounds at the given rate, applied n times per year, for t years — the more frequent the compounding, the faster it grows.
Depositing $10,000 at 7% per annum, compounded quarterly, for 5 years:
Inputs
Results
Total investment
$10,000.00
Maturity value
$14,147.78
Total interest
$4,147.78
Share of your maturity value that's your original deposit vs. interest earned.
How your deposit's value compounds year by year.
5 years of compounding.