Recurring Deposit (RD) Calculator with a responsive design and a visually appealing user interface for your blog. It calculates the maturity amount based on the RD formula:

Formula for RD Maturity Amount: $$ M = P \cdot \frac{(1 + r/n){-1}} $$

Where:

M = Maturity Amount

P = Monthly Deposit

r = Annual Interest Rate (decimal format)

n = Compounding Frequency (e.g., 12 for monthly)

t = Time in Years

RD Calculator

Monthly Deposit (₹):

Annual Interest Rate (%):

Tenure (Years):