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- Interest Calculator and Tools Vs. Interest Calculator $
Interest Calculator and Tools vs Interest Calculator $ Usage & Stats
This app allows you to obtain simple and compound interest.
Simple interest is the one that results when the interest generated in the time that an investment lasts is due only to the initial capital. It is normally used for short-term operations (less than a year).
With this application we can calculate the initial capital, the final capital, the time, the interest rate or the interests of a simple interest operation.
Example: Calculate the value of the interest that we have to pay to return 10,000 euros at 5% per year for 5 months.
Result: 208.33 euros.
Compound interest
It is the interest rate that takes into account the initial capital and the accumulated interest to calculate the interest of the following period.
This calculator allows you to calculate the initial capital, final capital, the interest rate or the period necessary for a specific situation. Periodic contributions at the end of each period can also be considered.
Interest Calculator also brings some extra tools for you.
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- Apple App Store
- Free
- Finance
Store Rank
- -
Calculate compound and simple interest in easy and simple way, you can use regular contribution button to calculate regular deposits or withdrawals, a summary with all details also available in different window. The calculation for contributions is made assuming the contributions are made at the end of each contribution interval.
- Apple App Store
- Free
- Finance
Store Rank
- -
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Interest Calculator and Tools VS.
Interest Calculator $
December 14, 2024