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- Interest Calculator and Tools Vs. Interest Calculator Compound
Interest Calculator and Tools vs Interest Calculator Compound 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.
We have spent time to create an application that is really to your liking.
download and make it easy!
- Apple App Store
- Free
- Finance
Store Rank
- -
Easily calculate how much interest your investments are earning with the compound interest calculator. Or how much you can calculate a credit with the simple interest calculator.
The tool is super easy and quick to use. Oh, and it's free!
How does it work?
Simple interest:
1 - Place the capital or initial investment
2 - The annual interest rate
3 - Select measurement period (days, months, years) and enter the term.
Easy! press calculate and you will get the results instantly.
Compound interest:
1 - Place the capital or initial investment
2 - The annual interest rate
3 - Select measurement period (days, months, years) and enter the term.
4 - Select the interval with which you will compound interest (days, months, quarter, half a year, year)
5 - Provide a recurring monthly amount to invest (optional)
Easy! press calculate and you will get the results instantly.
Attention: these calculations are only simulations. Do not base your investments and savings entirely on the results obtained in an application.
Thank you for downloading our app and leaving a comment.
- Apple App Store
- Free
- Finance
Store Rank
- -
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Interest Calculator and Tools VS.
Interest Calculator Compound
December 14, 2024