Fixed Deposit: How Does Compounding Frequency Affect Returns?
Posted on Tuesday, August 29th, 2023 |
SUMMARY: Investors earn interest on both the principal fixed deposit amount as well as the interest accrued through the power of compounding. The longer and more frequent the compounding, the higher the returns. Save more with IndusInd Bank’s online fixed deposits. Use the IndusInd Bank fixed deposit interest calculator to calculate your maturity amount to…
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