Compound Interest Calc 4+

Plan | Invest | Retire

Dane Hankamer

Designed for iPad

    • 4.8 • 21 Ratings
    • Free
    • Offers In-App Purchases

Screenshots

Description

Anyone can become a millionaire if they start investing today. Compound Interest Calc uses a predictive formula to compute the future value of your money.

Imagine you start with a $1000 investment and contribute $400/month at 10% interest annually (same average interest rate as S&P 500/Composite index since 1926). After 40 years you will have $2.58 MILLION. 10 more years and you've earned $7.08 MILLION! This is the power of compound interest.

Features included:
- Calculate future value of your money using the compound interest formula
- Easily toggle between Growth and Withdrawal modes
- Interactive graph of investment value over time
- Table display of investment value by year
- Persistent values when switching between modes
- Flexible contribution frequency options: yearly, quarterly, monthly, weekly
- Includes guide for a guaranteed comfortable retirement!

What’s New

Version 2.4

• *NEW* Withdrawal Mode feature: increase periodic withdrawal amounts over time to account for inflation
• *NEW* Info Icons: click for definitions of each input field
• Minor updates for iOS 17.5+

Ratings and Reviews

4.8 out of 5
21 Ratings

21 Ratings

App Privacy

The developer, Dane Hankamer, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Identifiers
  • Usage Data
  • Diagnostics

Privacy practices may vary based on, for example, the features you use or your age. Learn More

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