See the wonder of compound interest in action with this simple application. Just adjust the starting balance, monthly savings, duration and interest rate and see how much savings you will have at the end.
In version 2.0 you can also calculate the time needed for the sum you wish to have.
Features:
- Calculate the compounded savings youll have based on the starting balance, monthly savings, duration and interest rate
- Calculate the time needed for your target sum based on the starting balance, monthly savings and interest rate