Compound Interest Calc 4+

Dane Hankamer

Conçu pour iPad

    • 4,8 • 4,1 k notes
    • Gratuit
    • Inclut des achats intégrés

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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!

Nouveautés

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+

Notes et avis

4,8 sur 5
4,1 k notes

4,1 k notes

stretch in cincy ,

A MUST for anyone interested in how compound interest can work for you!

This has become a necessity in planning how much you want in retirement; in terms of (1) how big you want your nest egg to be when you begin retiring, and (2) how long will it last at your desired distribution amount, or how much will be left to your heirs at any year during the withdrawal period. As a current electrical engineer and former part time trainee in financial services, it confirms what I learned in the $ and calculus classes and I can’t help playing with the numbers in each of the entry fields to see what results from each scenario. This would help give any low risk to aggressive investor usually all foreseeable options. This can be used to teach kids how to become retirement millionaires even if they never make more than a lower median income through their working years. I had just read the developer’s background, so I knew someone intelligent was behind the app I had been looking for for sometime.

NodrogRecips ,

Compound calculator that works even works better than AI ask

I was looking for a simple compound calculator that I could put all kinds of information in and different variations and finally I found it in this one. Yes it’s not perfect but it really does what I wanted it to do. I gave it the problem $1700 to start with investing one dollar additional per week compounding it weekly. It could be daily 260 days a year and it came out with a nice sum.
I said yes, it could be better like in a year 260 days is basically five days a week instead of 365 days

luke5105 ,

Game Changing!

Simple, user friendly, fast, and efficient! This app is phenomenal for getting a quick look at what my money could be. In today’s world, we’re always looking for instant gratification and feedback in everything we do. Investing is a game of patience, which is tough for many fast moving Americans to comprehend- but now that changes with this app! You get instant feedback on what the future could be, and it will greatly benefit the average person looking for a promising future through investing instead of putting it all on black. Must download!

Confidentialité de l’app

Le développeur Dane Hankamer a indiqué que le traitement des données tel que décrit ci‑dessous pouvait figurer parmi les pratiques de l’app en matière de confidentialité. Pour en savoir plus, consultez la politique de confidentialité du développeur.

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