What is it about?

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.

App Details

Version

1.1

Rating

(652)

Size

6Mb

Genre

Finance Business

Last updated

May 14, 2020

Release date

April 23, 2020

More info

App Screenshots

App Store Description

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 magic 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

Get it for FREE in the App Store

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