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This savings calculator helps to find out how much interest you will get when you invest your money over a given period of time with a fixed interest rate
Savings Calculator
by Piet Jonas
What is it about?
This savings calculator helps to find out how much interest you will get when you invest your money over a given period of time with a fixed interest rate. It calculates the compound interest which means it assumes you reinvest the interest after each year (or just leave it in the bank account). So you will profit from the interest you earn on interest you already got.
App Screenshots
App Store Description
This savings calculator helps to find out how much interest you will get when you invest your money over a given period of time with a fixed interest rate. It calculates the compound interest which means it assumes you reinvest the interest after each year (or just leave it in the bank account). So you will profit from the interest you earn on interest you already got.
You can calculate any value in the interest equations, so that you can find out how much interest rate or how many years are necessary to reach a certain goal. As well you can find out how much money you need to start with. This is perfect for doing "what-if" analysis.
Disclaimer:
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.
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.
