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.
- iPad multitasking (split view) support
Ratings and Reviews
For a paid app there's really not much you can do with it - it's quicker to use your own calculator - an option to calculate regular deposits would probably make it worth it...
It is a functional and easy to use app but it is very limited in what it can do. Adding an option for additional savings would be an improvement.
Don't waste your money.
Not functional enough to be of any use.
Up to six family members will be able to use this app with Family Sharing enabled.