by: Smartfox Software • 10
With this app you can determine future value (capital) of your savings or investments. You can also determine how much you have to save or invest in order to achieve a certain capital. Finally you can determine how long you have to save or invest in order to get the money you want in the future.
This app contains three tabs. On the first tab (capital) you can calculate the future value of your savings or investments. On the second tab (input) you can calculate how much money you have to save or invest in order to achieve a capital that you put in. And on the last tab (duration) you can calculate the amount of years you have to save or invest in order to achieve a capital of your input. When the interest rate is provided it will perform all calculations based on compounding interest. You can also choose the compounding frequency.
Play around with some numbers in this app and determine when you will be the next millionaire (or billionaire) using the power of saving/investing with compounding interest.
Keywords: money, interest, savings, investments, calculator, saving, investing