savr
Investment
Rate of interest
Time
Invested Amount
₱ 1,00,000
Estimated Returns
₱ 32,500
Total Amount
₱ 1,32,500
Interest
Investment
A Fixed Deposit (FD) is a type of investment offered by banks and financial institutions where you deposit a lump sum amount for a fixed tenure at a predetermined interest rate. In return, the bank pays you interest on the principal amount over the chosen period, and at the end of the term, you get back your principal along with the accrued interest.
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