About Compound Interest Calculator W
This is a unique Compound interest calculator, Made in India, with provision for making yearly additions for planning your investments, insurance and retirement goals. It can help you find out how much your investment can...
This is a unique Compound interest calculator, Made in India, with provision for making yearly additions for planning your investments, insurance and retirement goals. It can help you find out how much your investment can grow based on initial payment, yearly additional contribution, compounding frequency, number of years, and annual rate.This feature will help you to compare between various products eg. FD , SIP, LIC, etc.
How interest is compounded can significantly contribute to the amount saved over time . The more interest is compounded, the more wealth is accumulated over time. This calculator demonstrates how to put compound interest to work, and how interest can really add up and make your money work for you! You may use this concept to stay on top of your savings or retirement plans. It is never too late to start earning some real money!
It has the following financial features:-
• Unique feature of Annual Addition - Unlike other compound interest calculators this app has a unique feature of Annual Addition which can help you calculate the performance of your Mutual Funds, Sytemic Investment Plans (SIP), Public Provident Funds(PPF), Goal Achieving, Retirement Planning, Life Insurance Corporation Investments (LIC) , Banking, Compounding, Recurring Deposit etc.
• Compounding Multiple times a year –You can set Interest amount to be compounded yearly, monthly, weekly or daily as per your convenience.
• Calculates future value of your investments – It Calculates future value of your investments using compound interest formula
• Usefull for All - No prior finance knowledge required .
• Used for investments, financial planning, budgeting, retirement planning, Mutual fund Analysis, Systemic investment plan (SIP) calculations, Fixed deposit calculations, accounting, studies, research etc.
• App is generic and it is suitable for individuals, financial planners, accountants, brokers, students, research analysts of all Countries and for all currencies .
In finance, compound interest means the interest you earn every year is added to the principal so that your balance can grow at a very fast rate.
Compound Interest Calculator is an essential tool to manage your personal finances or your daily official calculations. Download it and give it a try!
The results provided by this calculator are intended for illustrative purposes only.This calculator is not intended to offer any tax, legal or financial advice and does not assure the availability of your eligibility for any specific product . For any practical use please consult your Financial Advisor.
Previous Versions
Here you can find the changelog of Compound Interest Calculator W since it was posted on our website on 2021-12-11 12:12:01.
The latest version is 3.5.2 and it was updated on 2024-04-22 12:41:41. See below the changes in each version.
Compound Interest Calculator W version 3.5.2
Updated At: 2021-11-18
Disclaimer
Official Google Play Link
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