Computer Science, asked by Dhadi4shmisingsl, 1 year ago

difference between fd and rd

Answers

Answered by adithya7
1
Fixed Deposit as the name indicates is fixed, in terms of principal amount, interest rate and maturity time.

Recurring Deposit again is the same where you invest a fixed amount but repeat the process each month (in a recurring manner), over a time period selected by you, with a fixed interest rate.

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