Compound Interest Simulator 4+

Name: Compound Interest Simulator
Rating: 4.7 (10 reviews)
Author: Andre Leite Barbosa Costa

Savings calculator and planner

Andre Leite Barbosa Costa

Designed for iPad

- 4.7 • 10 Ratings

- Free
- Offers In-App Purchases

Description

Simulate your investments and visualize the growth of your savings through the incredible power of compound interest.

Whether you're an adept of the FIRE (Financial Independence, Retire Early) movement, planing to make a major purchase, or simply looking to understand how your money can grow over time to support a good retirement, this app will be a great asset in your journey for financial freedom.

This calculator is ideal for simulating fixed income investments, planning your savings, visualizing wealth evolution, and achieving retirement goals or financial independence plans.

Getting started with the "Basic Mode" is easy: Just input the initial amount of money (if any), an optional monthly deposit, the interest rate and how much time you are planing to keep your capital invested. This app will then show you all the information you need in a beautiful graph, accompanied by a detailed analysis for the selected period.

For more customization, the 'Advanced Mode' offers additional features: You can add multiple deposits and withdrawals over time, choose different compounding frequencies (such as daily or quarterly), and adjust the number of days in a year. For example, you can simulate a scenario where you make significant monthly deposits for 30 years, and then begin making annual withdrawals of a percentage of the balance. This calculator is that flexible.

Watch your money work for you, and achieve your financial goals with the magic of compound interest!

Note: This app is for informational purposes only, may contain inconsistencies, and in no way replaces personalized financial advice from a qualified advisor. Investment decisions and life-saving strategies should be based on professional guidance and not on information from unknown sources on the internet.

Terms of Use: https://codexception.com/terms-and-conditions
Privacy Policy: https://codexception.com/privacy-policy

29 May 2024

Version 1.0.14

- New feature: Export to PDF.
- New feature: "View monthly breakdown” from within annual breakdown view.
- New feature: A button to clear the current form data.
- Small bug fixes.

4.7 out of 5

10 Ratings

ใชงานง่ายดีครับ

ใชง่ายดีมาก

Good app

-Need withdrawal per month or year

Interest of Releasing a loan

Can I put minus on monthly deposit instead of paying debt monthly ?

I want to know total interest of releasing a loan.

Could you help me ?

The developer, Andre Leite Barbosa Costa, 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 Used to Track You

The following data may be used to track you across apps and websites owned by other companies:

Identifiers
Usage Data

Data Linked to You

The following data may be collected and linked to your identity:

Purchases
Identifiers
Usage Data

Data Not Linked to You

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

Diagnostics

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

Information

Provider

Andre Leite Barbosa Costa

Size

49 MB

Category

Finance

Compatibility

iPhone: Requires iOS 13.0 or later.

iPad: Requires iPadOS 13.0 or later.

iPod touch: Requires iOS 13.0 or later.

Mac: Requires macOS 11.0 or later and a Mac with Apple M1 chip or later.

Apple Vision: Requires visionOS 1.0 or later.

Languages

English, Afrikaans, Bengali, Catalan, Croatian, Czech, Danish, Dutch, Filipino, Finnish, French, German, Greek, Hindi, Hungarian, Icelandic, Indonesian, Italian, Japanese, Korean, Malay, Nepali, Norwegian Bokmål, Polish, Portuguese, Romanian, Russian, Simplified Chinese, Spanish, Swahili, Swedish, Thai, Traditional Chinese, Turkish, Ukrainian, Vietnamese