Compound Interest Calculator F 4+
Interest you earn on interest
An Do
Designed for iPad
-
- Free
Screenshots
Description
Compound Interest Calculator can determine how much your money can grow based on compounding frequency, number of years, monthly addition, and annual rate.
Compound Interest Calculator (aka FIRE Calculator) is a tool to help you calculate and plan out your investment so that you may achieve Financial Independence and Retire Early. It is never too late to start snowballing your money.
But what is Compound Interest? Compound interest is the interest you earn on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.
For example, if you put $50 in your savings account every month, and this savings yields 10% annually. After 30 years, you will have invested $18,000. How much money do you think you will get? $30,000? $50,000? Nope! You will end up with a huge sum of $113,024 (more than 6 times the amount you had put down).
Our application allows you to calculate and plan out both long term and short term savings. Just imagine how wealthy you can be if you start right now.
Features included:
- Calculate future value of your investment using compound interest formula
- Multiple options for contribution frequency (monthly, quarterly, semiannually, annually)
- Display graph and table view right under result
- Formulas included in case you forgot
- Save results and share with friends
- Dark Mode / Light Mode
What’s New
Version 3.1.3
minor bug fixes
Ratings and Reviews
Great App!
I attempted to create this feature in excel but then search for an app that would do the same. Found it. It’s super user friendly and gives you the option to select how often you contribute and how often the interest compounds. This app thought of every scenario I could throw at it to calaculate my compound interest based on how I contribute.
Great App!
I find myself opening this app all of the time to figure out some of my future planning. Very easy to use and understand with a great UI!
The Ads commeth.
Was enjoying this simple calculator despite it missing features that would really make it great. Then the developer added banner ads to the bottom without adding any more benefits. I have no problem with a developer wanting to get paid, but having an update only to add ads, without any new functionality just feels scummy.
App Privacy
The developer, An Do, 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:
- Location
- Identifiers
- Usage Data
- Diagnostics
Data Linked to You
The following data may be collected and linked to your identity:
- Location
- Identifiers
- Usage Data
- Diagnostics
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
- Diagnostics
Privacy practices may vary, for example, based on the features you use or your age. Learn More
Information
- Seller
- An Do
- Size
- 64.4 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 11.0 or later.
- iPad
- Requires iPadOS 11.0 or later.
- iPod touch
- Requires iOS 11.0 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
- Age Rating
- 4+
- Copyright
- © 2020 An Do
- Price
- Free