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    RD Calculator

    Uploaded by

    sandypkapoor
    This document contains an interest calculator for a post office recurring deposit (RD) in India. It lists interest rates from 1991 to 2013, calculated maturity amounts over periods of 5 to 10 years for a monthly payment of 1000, and a formula used to calculate the maturity value.

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    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd

    RD Calculator

    Uploaded by

    sandypkapoor
    135 views2,384 pages
    This document contains an interest calculator for a post office recurring deposit (RD) in India. It lists interest rates from 1991 to 2013, calculated maturity amounts over periods of 5 to 10 years for a monthly payment of 1000, and a formula used to calculate the maturity value.

    Original Description:

    It calculates the maturity value of Post Office Recurring Deposit of any amount for any tenure

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    © Attribution Non-Commercial (BY-NC)

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    XLS, PDF, TXT or read online from Scribd

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    This document contains an interest calculator for a post office recurring deposit (RD) in India. It lists interest rates from 1991 to 2013, calculated maturity amounts over periods of 5 to 10 years for a monthly payment of 1000, and a formula used to calculate the maturity value.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    135 views2,384 pages

    RD Calculator

    Uploaded by

    sandypkapoor
    This document contains an interest calculator for a post office recurring deposit (RD) in India. It lists interest rates from 1991 to 2013, calculated maturity amounts over periods of 5 to 10 years for a monthly payment of 1000, and a formula used to calculate the maturity value.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    You are on page 1of 2384

    Post Office R.D.

    Interest Calculator Enter Monthly Payable Amount 1000


    From 01-Oct-1991 02-Sep-1993 01-Jan-1999 15-Jan-2000 01-Mar-2001 01-Mar-2002 01-Mar-2003 01-Apr-2013 To Rate of Intt. 01-Sep-1993 13.50 31-Dec-1998 12.50 14-Jan-2000 11.50 28-Feb-2001 10.50 28-Feb-2002 9.00 28-Feb-2003 8.50 31-Mar-2013 7.50 onwards 8.30 5 yr maturity 6 yr maturity 7 yr maturity 8 yr maturity 85,635.27 110,698.79 139,321.06 172,007.40 83,339.07 107,090.40 133,952.74 164,333.57 81,114.69 103,619.77 128,826.70 157,059.85 78,959.80 100,281.39 123,931.45 150,164.26 75,852.81 95,510.25 116,997.48 140,484.81 74,849.47 93,980.40 114,790.02 137,425.64 72,889.72 91,007.83 110,523.49 131,544.50 74,452.56 93,376.68 113,921.06 136,224.45

    Formula Used M = R[(1+i)^n - 1]/[1-(1+i)^(-1/3) M = Maturity Value R = Monthly Instalment n = Number of quarters I = rate of interest/400 9 yr maturity 209,334.85 198,693.75 188,682.53 179,261.89 166,158.42 162,047.50 154,186.99 160,437.43 10 yr maturity 251,962.41 237,554.51 224,101.68 211,537.19 194,221.81 188,829.87 178,576.03 186,723.51

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