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Calculate recurring monthly deposit maturity values, total interest earnings, effective APY yields, and growth schedules.
Total deposited ($36,000) + accumulated interest ($4,137.3).
$36,000
+$4,137.3
$1,000/mo
1.11x Deposited
Saving $1,000/mo for 36 months at 7% p.a. accumulates $36,000 in principal and yields $4,137.3 in total interest upon maturity.
Annual breakdown of cumulative deposits, interest accrued, accumulated interest, and ending balances.
| Year | Cumulative Deposited | Yearly Interest | Accumulated Interest | Ending Balance |
|---|---|---|---|---|
| Year 1 | $12,000 | +$2,317.52 | $2,317.52 | $14,317.52 |
| Year 2 | $24,000 | +$1,357.65 | $3,675.17 | $27,675.17 |
| Year 3 | $36,000 | +$462.13 | $4,137.3 | $40,137.3 |
Clean itemized summary for banking contracts, tax filings, and investment verification.
Print official RD statements, export CSV schedule data, or copy shareable summaries.
Effective Recurring Deposit Formulas Used:
Result Explanation:
A monthly Recurring Deposit of $1,000 at 7% p.a. over 36 months (3 years) accumulates a total deposit of $36,000. With quarterly interest compounding, it earns $4,137.3 in interest to yield a final maturity payout of $40,137.3.
| Scenario Inputs | Output Result |
|---|---|
| monthly : 1000, rate : 7, quarters : 12 | Invested: $36,000, Maturity Value: $40,095.32 |
Recurring Deposit (RD) Calculator. Calculate maturity values, total deposits, and accumulated interest for monthly recurring savings accounts. ZechKit provides this tool completely free and online, optimized for instant, accurate computations directly inside your web browser.
A Recurring Deposit (RD) Calculator determines the final maturity payout for individuals who deposit a fixed sum of money into a bank account each month over a set term.
Compounding Mechanics: RD interest is calculated on a reducing tenure basis for each individual installment, with interest compounding quarterly according to standard banking formulas.
Structured Savings Discipline: Recurring deposits help salaried individuals and conservative savers build wealth gradually without requiring a large upfront lump sum.
Guaranteed Yield: Like fixed deposits, RDs offer guaranteed, risk-free interest rates locked in for the entire chosen term.
