## How to Use This FD Profit Calculator

Our FD profit calculator helps you determine the returns on your Fixed Deposit investments. This tool provides an easy way to calculate the matured value of your deposit, along with the total interest earned.

**Principal Amount:**Enter the initial amount you invested in the Fixed Deposit.**Interest Rate (Annual):**Input the annual interest rate offered by the bank.**Investment Period (Years):**Specify the duration of your investment in years.**Compounding Frequency:**Choose how often the interest is compounded (Yearly, Half-Yearly, Quarterly, Monthly).**Calculate:**Click the "Calculate Profit" button to find out the matured value and total interest earned.

### FD Profit Calculation Formula:

The formula used to calculate the matured value of an FD is:

**Matured Value = Principal Amount × (1 + (Interest Rate / Compounding Frequency)) ^ (Compounding Frequency × Investment Period)**

The total interest earned is calculated as:

**Total Interest Earned = Matured Value - Principal Amount**

Understanding these calculations helps in making informed decisions about your Fixed Deposit investments. This calculator takes into account different compounding frequencies, making it versatile for various FD products.

Fixed Deposits are a popular investment option due to their safety and guaranteed returns. However, calculating the exact returns can be tricky. This calculator simplifies the process by providing accurate estimates of your investment's matured value and interest earned.

For more information on Fixed Deposits and investment strategies, visit this Fixed Deposit Guide.