What is the maturity value at the end of the second term deposi. From depositus past participle of deponere which is to put down. Di-pozit Solid material left or laid down by a natural process.
For example deposits can include layers of sand and mud left by streams an accumulation of stones and debris left by a melting glacier or a layer of coal formed over many years as decomposing plant material became fossilized.
As a financial term a deposit is money youve placed at the bank for safekeeping. A time deposit also known as a term deposit is a money deposit at a bank that cannot be withdrawn for a certain term or period of time. P is the principal the initial amount you borrow or deposit r is the annual rate of interest percentage n is the number of years the amount is deposited or borrowed for. The longer the term the better the yield on the money.