This app allows you to obtain simple and compound interest
Interest Calculator and Tools
What is it about?
This app allows you to obtain simple and compound interest.
App Screenshots
App Store Description
This app allows you to obtain simple and compound interest.
Simple interest is the one that results when the interest generated in the time that an investment lasts is due only to the initial capital. It is normally used for short-term operations (less than a year).
With this application we can calculate the initial capital, the final capital, the time, the interest rate or the interests of a simple interest operation.
Example: Calculate the value of the interest that we have to pay to return 10,000 euros at 5% per year for 5 months.
Result: 208.33 euros.
Compound interest
It is the interest rate that takes into account the initial capital and the accumulated interest to calculate the interest of the following period.
This calculator allows you to calculate the initial capital, final capital, the interest rate or the period necessary for a specific situation. Periodic contributions at the end of each period can also be considered.
Interest Calculator also brings some extra tools for you.
We have spent time to create an application that is really to your liking.
download and make it easy!
AppAdvice does not own this application and only provides images and links contained in the iTunes Search API, to help our users find the best apps to download. If you are the developer of this app and would like your information removed, please send a request to takedown@appadvice.com and your information will be removed.