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Recurring Deposit Calculator Overview by Indiran is a document available to read on EtoBox.

What is Recurring Deposit Calculator Overview about?

This document provides a calculator for a recurring deposit with an interest rate of 6.8% compounded quarterly. With a monthly installment of Rs. 20,000 for 5 years, the maturity amount would be Rs. 1,431,084. For 10 years, the maturity amount is Rs. 3,435,946. Interest is calculated quarterly and paid at maturity.

Author

Indiran

Language

EN