FD - Fixed Deposit in Banks will get you interest. This calculator will calculate the interest on your Fixed Deposits compounded on quarterly basis.
Fixed Deposit Calculator - Compounded Quarterly
(Financial Calculator)
The Fixed Deposit Calculator (also known as FD Calculator) gives you the amount of interest on the Principal based on quarterly compounding.
Effective yield is the actual return on your Fixed Deposit. It depends on the rate of interest and the frequency of compounding. In India most of the banks do the compounding on quarterly basis and thus this Fixed Deposit Calculator can be used to know the maturity value of your fixed income deposits / securities.
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