SO USEFUL!!!
This is a fantastic app for projecting rate of return on investments, loans, anything regarding compounding. I’ve tried other apps that are really only good for loans. I give this app a solid five stars!
Description
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
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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
Screenshots
Compound Interest Calculator F FAQ
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Is Compound Interest Calculator F free?
Yes, Compound Interest Calculator F is completely free and it doesn't have any in-app purchases or subscriptions.
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Is Compound Interest Calculator F legit?
🤔 The Compound Interest Calculator F app's quality is mixed. Some users are satisfied, while others report issues. Consider reading individual reviews for more context.
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How much does Compound Interest Calculator F cost?
Compound Interest Calculator F is free.
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What is Compound Interest Calculator F revenue?
To get estimated revenue of Compound Interest Calculator F app and other AppStore insights you can sign up to AppTail Mobile Analytics Platform.
User Rating
3.43 out of 5
7 ratings in India
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Ratings History
Compound Interest Calculator F Reviews
Works great but could use one major thing
I almost love this app. I use it everyday on my iPad at work. I just really wish it would work in landscape mode. Currently the app only works if the device is vertical. It would be incredible if it would work horizontal as well. I hope the developers can see this review and possibly do something about it. I would change this immediately to 5 stars
Great app
Simple app to help with quick calculations and planning. Use it often.
Unexplained Permission Request
Why are you asking to access health and fitness data (accelerometer)? When you ask for permissions that are not obviously necessary AND you don’t explain why, it comes off as creepy. You either need to remove this permission request or sufficiently explain the need for it prior to requesting it.
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.
Still doesn’t do what I need
This is better than the other compound apps, but I need the math for additions to be weekly and the math for interest to be monthly. They are separate instances. Until then, I’ll keep doing my math on paper.
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.
amazing
i’ve been using this app everyday for a month. would pay for ad-free version if available
Nice app
Nice app
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!
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App Info
- Category
- Finance
- Publisher
- An Do
- Languages
- English
- Recent release
- 3.1.3 (3 years ago )
- Released on
- Aug 14, 2014 (10 years ago )
- Also available in
- United States, Canada, Australia, India, United Kingdom, France, New Zealand, United Arab Emirates, Indonesia, Italy, Mexico, Malaysia, Germany, Netherlands, Romania, Russia, Singapore, Philippines, Portugal, Nigeria, Saudi Arabia, Sweden, Thailand, Israel, Taiwan, Vietnam, Armenia, Greece, Argentina, Czechia, China, Belgium, Bulgaria, Peru, Pakistan, Poland, Chile, Switzerland, Belarus, Brazil, Brunei, Nepal, Slovenia, Slovakia, Türkiye, Azerbaijan, Ukraine, Austria, Uzbekistan, South Africa, Kuwait, Hong Kong SAR China, Croatia, Hungary, Finland, Ireland, Spain, Egypt, Ecuador, Japan, South Korea, Colombia, Kazakhstan, Lebanon, Latvia, Madagascar, North Macedonia, Algeria, Dominican Republic, Denmark, Norway
- Last Updated
- 3 days ago
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