Formula derivation for interest in recurring deposits in banking

Derivation of formula for interest in recurring deposits

[@abhijitdey7840]

Thank you best information

[@sumitss6lite286]

Thanks a lot mam.

[@koteswararaoswarna2258]

RD formula is okay. But madam should have completed the problem by telling that the rd depositor
gets an interest of Rs325 together with principal amount of Rs 12000 by using progression theory.
12.13/2.1000.5/1200 gives
Rs 325,as interest.

[@saisrinivasv.d136]

Mam, what will the formula be if the RD compounds quarterly

[@JeevanKOK]

Thanks

[@luckyfashion6]

Super explanation madem

[@gollavilliapparao463]

Mam manthley 2000 diposit rd intrest 6.5% diposit 15 manth tho every manth intrest Keya oga....??????

[@chandanduley5473]

Verry helpful video mam.thank u

[@paisaboltahai9484]

Thanks mam. Very simply explained in step by step manner

[@mathletebybinarajyaguru319]

U wc

[@Harekrishna_harerama07]

thank you madam. now I GOT clarity

[@arryaanjain6804]

Thank you so much!!

[@s.r5264]

Thank you so much ma'am. This video solved my problem

[@mathletebybinarajyaguru319]

Happy to help

[@malligasubramanian9270]

Mam 8000₹ rd /month in the rate of int. 7.5%. RD started in jan/20.It ends in Dec. 20.i have paid 12 monthd. I am closing on 22/12/20.How much int. I will get madam.

[@mathletebybinarajyaguru319]

That has to be done differently

[@jeelshah3040]

thankyou so much. saved a lot of time in my exam days🤗

[@mathletebybinarajyaguru319]

U wc

[@mathletebybinarajyaguru319]

U wc

[@wt2073]

Thankyou so much, this helped me alot!

[@mathletebybinarajyaguru319]

U wc

[@seemasuraj1856]

Sir kea ap mje is question ka answer deskte he

[@ralngm]

is that 1/12 for conversion of month to year??

[@mathletebybinarajyaguru319]

Check the video again you will get the reason

[@vikasverma4263]

Mam if banks offering compund interest as half yearly compounded what will be the formulae

[@mathletebybinarajyaguru319]

This for recurring deposit, for half yearly compound interest formula will be different

[@vikasverma4263]

@@mathletebybinarajyaguru319 please guide that formula

[@Traderking1990]

​@@mathletebybinarajyaguru319 Don't give wrong information. This is for recurring deposit at simple interest. In banks they take recurring deposits at compound interest quarterly.

[@anoopkumar-dt7wp]

Hi Mam, what if the investment period is 60 months. Will that 1/12 value become 1/60

[@mathletebybinarajyaguru319]

No it will be 1/12 try to go through the explanation once again

[@sudipghimire6761]

Here n=12
So n and 1/12 will be cancelled
Formula becomes more simpler

[@adityatattva]

Very good

[@mathletebybinarajyaguru319]

Thanks

[@mathletebybinarajyaguru319]

Thanks

[@pratikborse4980]

Thank you mam 🙏

[@mathletebybinarajyaguru319]

Thanks

[@himanbarman1481]

Nice mam👍

[@mathletebybinarajyaguru319]

Thanks

[@abinvgeevarghese7621]

mam what is the equation if the principal is not same for the 12 months

[@mathletebybinarajyaguru319]

This formula is for recurring deposite which means every month it's fixed deposite not different

[@mathletebybinarajyaguru319]

For reoccurring deposits principal is same not different

[@Aa-yk4qe]

nice

[@kartikgarg4122]

Totally maturity amt kitna aayga

[@mathletebybinarajyaguru319]

Rs12325

[@seemasuraj1856]

Sir bta digeye

[@rahulkerai2110]

Mam, why 1/12??

[@mathletebybinarajyaguru319]

For each month we are taking hence 1/12

[@pradeepjoshi4583]

@@mathletebybinarajyaguru319 what if we have 5% quarterly interest???

[@AnilKumar-tn1is]

I think RD not calculated quarterly... even so...it may be 3/12

[@unussk2801]

হাউ টু ক্যালকুলেট পোস্ট অফিস রেকারিং ডিপোজিট ইনটারেস্ট

[@lavasharanar3293]

Hindi

[@NVISWAPRIYAUE]

Where is the answer?

[@mathletebybinarajyaguru319]

Check the title this video is for explanation of derivation of formula using example.

[@pranabbhowmik8573]

Amar matha r tor matha

[@shafiqshaikh6322]

Answer to batawo
kuch samajh me nahi aaya

[@anupamroy3052]

Gadha hai kya???

[@khabridogsbuysell854]

Kuch smaj nai aaya

[@anupamroy3052]

Tu gadha hai na isliye samajh nahi aya

[@sandipghosh9326]

Incomplete explanation