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!
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In-Apps
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$1.99
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User Rating
4.8 out of 5
4,114 ratings
in United States
5 star
3,639
4 star
297
3 star
79
2 star
27
1 star
72
Ratings History
Reviews
Great calculator!
I use this calculator regularly. What would make it even better is the ability to insert/add it would be great to add funds at a given year or years forward such as social security payments and a one time inheritance windfall. Lastly, if there a few large purchases in life it would be helpful to be able to add those in at certain years or timeframes (ie a new car, house, other large purchase) vs just annual withdrawal.
App is great
App does what it was created to do!
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
Amazing!!!!
🙌🙌🙌🙌🙌
Not useable - ads
As of the latest update, the free version is a total pain to use…not worth the download
Very efficient & easy to use
The only thing i would recommend is to add a “Dividend” option, but other than that the app is fantastic
No updating
With nothing in additional won’t update
Very helpful
I use this app frequently and it is useful to check any savings investments
Review
The app works great for whole numbers. However, I would like to use numbers with decimals like 2.5%. It appears that the app only allows you to use either 2% or 3%.
Motivation
This is a great to get the ball rolling on investments. Encourages to build a great foundation