| Maturity Amount | hesaplanacak |
|---|---|
| Total Interest Earned | hesaplanacak |
| Effective Annual Yield | hesaplanacak |
| Monthly Interest (simple) | hesaplanacak |
Scenario A saved. Change values and recalculate → Scenario B will appear.
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What Is a Fixed Deposit?
A fixed deposit (FD), also called a term deposit or certificate of deposit (CD), is a savings instrument where you deposit a lump sum with a bank for a fixed period at a guaranteed interest rate. It offers higher returns than a regular savings account with very low risk.
Fixed Deposit Formula
Simple Interest FD
Maturity Amount = Principal + (Principal × Rate × Time ÷ 100)
Compound Interest FD
Maturity Amount = P × (1 + r/n)^(n×t)
Most banks compound quarterly (n=4) or monthly (n=12).
Example Calculation
$10,000 deposited for 2 years at 5.5% per annum, compounded quarterly:
- r = 5.5% ÷ 4 = 1.375% per quarter
- n×t = 4 × 2 = 8 quarters
- Maturity = $10,000 × (1.01375)^8 = $11,148
- Interest earned: $1,148
Tips for Fixed Deposits
- Laddering: Split your investment across multiple FDs with different maturity dates for liquidity.
- Auto-renewal: Set FDs to auto-renew to avoid missing better rates.
- Tax: Interest earned is usually taxable as ordinary income.
- Penalty: Early withdrawal typically incurs a penalty of 0.5–1% reduction in rate.
How to Use This Calculator
Using our calculator is simple: enter the required values into the input fields and click the calculate button. Results are displayed instantly on screen. You can adjust the values and recalculate to compare different scenarios and find the best option for your situation.
Frequently Asked Questions
| Question | Answer |
|---|---|
| How accurate are the results? | We use standard formulas and up-to-date 2025 rates. Individual circumstances may vary slightly. |
| Is this calculator free? | Yes, completely free and no registration required. |
| What should I do for exact figures? | For precise information, consult a relevant professional or official authority. |
| Does it work on mobile devices? | Yes, it works seamlessly on all devices and screen sizes. |
Important Notes
This calculator is provided for informational purposes only. For legal, financial, or medical decisions, always seek advice from qualified professionals. Calculation results do not constitute official documents. Legislative changes may affect results; please visit the relevant official website for the most up-to-date information. Our calculators are regularly updated to reflect current regulations and rates.
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