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compound interest - Investia vs Interest Calculator Compound Usage & Stats
Quiz: How much would it be if 1 million yen was operated for 3 years at 5%per year?
Correct answer: 1.16 million yen, not 1.15 million yen.
It is difficult to calculate compound interest with the human brain, but this app can calculate immediately. It works quickly on one screen, so it is easy to use.
- Apple App Store
- Free
- Finance
Store Rank
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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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December 14, 2024