Now that you're interested in opening a deposit account, you want to know how much you'll earn. How do you calculate your interest?

Currently, there are still a lot of savers not knowing how to calculate the profit from their deposits. Here are insights on how to calculate it:

Deposit interest profit = (Deposit Interest Rate x Amount of Money Placed x Number of Days to Deposit Money)/365

Deposit tax = Tax Rate x Deposit Interest

Return of Deposit = Investment Amount + (Deposit Interest Gain - Deposit Tax)