Calculate maturity value and interest earned on a fixed deposit with quarterly compounding.
Projected maturity of ₹5,00,000 at 7.00% p.a. with quarterly compounding over 5 years.
Quarterly compounding is the RBI-mandated standard for bank FDs. TDS at 10% (or 20% without PAN) applies on interest above ₹40,000 per annum — tax impact is not reflected here.
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