Create FD Calculator by Using HTML, CSS and JavaScript

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An FD (Fixed Deposit) calculator is a financial tool used to calculate the maturity amount and interest earned on a fixed deposit investment. Fixed deposits are a type of financial instrument offered by banks and financial institutions where an investor deposits a lump sum amount for a specified period at a fixed interest rate. The interest rate is predetermined, and the interest is compounded quarterly, half-yearly, or annually, depending on the terms of the FD.

The FD calculator takes into account the principal amount, the interest rate, and the tenure of the fixed deposit to provide an estimate of the maturity amount. It helps investors plan their investments and understand the returns they can expect.

To use an FD calculator, you typically need to input the following information:

1. **Principal Amount:** The initial amount of money you deposit.

2. **Interest Rate:** The fixed interest rate offered by the bank or financial institution.

3. **Tenure:** The period for which you intend to keep the money invested in the fixed deposit.

Once you input these details, the FD calculator will compute the maturity amount, including the interest earned at the end of the specified tenure. It's a convenient tool for individuals to make informed decisions about their investments and compare different fixed deposit options to find the one that suits their financial goals. Many banks and financial websites provide online FD calculators for easy and quick calculations.