2 Replies to “What is the Formula for Calculating Recurring Deposit?”


  1. First find the total principle per month.
    Formula- P[ n/2 (n+1)]
    Then find the interest.
    Formula- Total Principle calculated X rate/100 X 1/12
    Then calculate the amount.
    Formula- P X n + interest calculated
    Here P stands for money deposited per month and n stands for no. of months!





Leave a Reply

Your email address will not be published. Required fields are marked *

one × five =