Recurring Deposit Calculator in ExcelThis below steps will help to know how to calculate Recurring Deposit in Excel Sheet. By using this method you can find recurring deposit in your excel sheet.
Steps for Recurring Deposit in Excel
Open a new excel sheet and make the input fields as
a2 = Monthly recurring Deposit Amount
a3 = Interest Rate
a4 = Term Period in month
and make a5 as output and add the formula for recurring deposit for this cell to (a2/(a3/1200))((1+a3/1200)^a4 - 1)
You can use this online Recurring Deposit Calculate to calculate quickly.