Compound Interest Calc
source

Compound Interest Calc

(3)
Price
Free
Category
Finance Business
Last update
Sep 07, 2022
Publisher
Dane Hankamer Contact publisher
View in store
App reputation index
30%
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Ratings & Reviews performance

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Number of reviews,
total
3
Avg rating,
total
⭐4.0

Description

881 chars

Anyone can be a millionaire if they start investing today. Compound Interest Calc uses a predictive formula to compute the future value of your money. Imagine you start with a $1000 investment and contribute $400/month at 10% interest annually (same average interest rate as S&P 500/Composite index since 1926). After 40 years you will have $2.58 MILLION. 10 more years and you're at $7.08 MILLION! This is the power of compound interest. Features included: - Calculate future value of your money using the compound interest formula - Easily switch between Periodic Deposit and Periodic Withdrawal modes - Toggle contribution frequency options (yearly, quarterly, monthly, weekly) - Interactive graph of investment value over time - Table display of investment value by year - Persistent values when switching between modes - Link to guide for a guaranteed comfortable retirement

Screenshots

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