Compound Interest Calc
Plan | Invest | Retire
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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!
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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!

DaisyMonkey on

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

jdbdbzjzbz on

App does what it was created to do!

Compound calculator that works even works better than AI ask

NodrogRecips on

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!!!!

GAABRC on

🙌🙌🙌🙌🙌

Not useable - ads

prime fun on

As of the latest update, the free version is a total pain to use…not worth the download

Very efficient & easy to use

Miggyy95 on

The only thing i would recommend is to add a “Dividend” option, but other than that the app is fantastic

No updating

trenesna on

With nothing in additional won’t update

Very helpful

Data doctor on

I use this app frequently and it is useful to check any savings investments

Review

JonDQ on

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

lover of solid music on

This is a great to get the ball rolling on investments. Encourages to build a great foundation

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Revenue and Downloads

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App Info

Category
Finance
Publisher
Dane Hankamer
Languages
English
Recent version
2.4 (1 month ago )
Released on
Apr 23, 2020 (4 years ago )
Last updated
3 weeks ago