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Interest Rates Calculator

A professional tool with a very clear and detailed description of the formulas and steps for the calculation of Simple and Compound interests, Present Value and Tax effect

A professional tool with a very clear and detailed description of the formulas and steps for the calculation of Simple and Compound interests, Present Value and Tax effect

Interest Rates Calculator

by Paola Mignogna
Interest Rates Calculator
Interest Rates Calculator
Interest Rates Calculator

What is it about?

A professional tool with a very clear and detailed description of the formulas and steps for the calculation of Simple and Compound interests, Present Value and Tax effect.

Interest Rates Calculator

App Details

Version
1.0
Rating
NA
Size
1Mb
Genre
Finance Utilities
Last updated
February 5, 2014
Release date
February 5, 2014
More info

App Screenshots

Interest Rates Calculator screenshot-0
Interest Rates Calculator screenshot-1
Interest Rates Calculator screenshot-2
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Interest Rates Calculator screenshot-4

App Store Description

A professional tool with a very clear and detailed description of the formulas and steps for the calculation of Simple and Compound interests, Present Value and Tax effect.
In addition, a powerful scenario simulator.

Main features:

• Setting of the notional annual rate and duration
• Setting of the divisor (360 or 365)
• Calculation of Simple Interest with explicit formula
• Calculation of the Present Value with the Simple Interest
• Calculation of Compound Interest with explicit formula
• Calculation of the Present Value the Compound Interest
• Option "effect of taxes" for the calculation of net interest income 

Is also available a powerful simulator that allows you to answer i.e. to the following questions:

• I've a Principal of 100.000; How long does it take to get 10.000 at the Rate of 3,15%?
• Which Principal do I need to get 10.000 in 2 years at the Rate of 3,15%?"
• I've a Principal of 100.000; Which rate is necessary to get 10.000 in 3 years?

You can simulate all possible combinations of those values.

The calculation of interest will have no secrets for you and you can check the correctness of the calculations made directly from your bank.