How to calculate Recurring Deposit Interest in Excel | RD Maturity amount and Interest Calculation

In this video, I will walk you through about the calculation of Recurring Deposit Maturity Amount and Interest Amount. Usually the interest amount is compounded quarterly by the banks and I have also taken Bank RD Receipt as reference for better understanding.

Calculation can also be done by making use of Excel's FV function, but using it will not give accurate results and that is the reason the calculation is done in a tabular format.

Time Stamps
0:00 Intro
2:40 Fill series
3:18 Calculation
8:18 RD receipt verification

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