How to calculate Recurring Deposit Interest in Excel | RD Maturity amount and Interest Calculation
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How to calculate Recurring Deposit Interest in Excel | RD Maturity amount and Interest Calculation
In this video, I will walk you through about the calculation of Recurring Deposit Maturity Amount and Interest Amount. Usually the interest amount is compounded quarterly by the banks and I have also taken Bank RD Receipt as reference for better understanding. Calculation can also be done by making use of Excel's FV function, but using it will ...
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