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Compound interest is one of the most powerful forces in modern society

Exponential AR

by Jeffrey Ruddick

What is it about?

Compound interest is one of the most powerful forces in modern society. By visualizing the growth of an investment year by year, this project is designed to add realism to the abstract concept of compounding. This app combines power of compound interest with augmented reality to demonstrate just how impactful saving and investing can be!

App Details

Version
1.0
Rating
NA
Size
50Mb
Genre
Finance Education
Last updated
June 19, 2020
Release date
June 19, 2020
More info

App Screenshots

App Store Description

Compound interest is one of the most powerful forces in modern society. By visualizing the growth of an investment year by year, this project is designed to add realism to the abstract concept of compounding. This app combines power of compound interest with augmented reality to demonstrate just how impactful saving and investing can be!

To get started, enter in any investment scenario you want to test out. This includes the usual financial calculator variables such as principal, annual contribution, years invested, and interest rate. Click the visualize button and tap a flat surface. Then, watch your investment grow year by year. This project is designed for financial eduction or maybe to help inspire saving for college, early retirement, or that new boat!

Features -
-Calculate compound interest.
-Visualize compound growth in augmented reality (Apple ARKit)
-Visualize large sums of money.

Please note that very large simulations (typically over $100 million) may impact performance and a warning will appear before large simulaitons.

Disclaimer:
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