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Compound Interest Calc app for iPhone and iPad


4.8 ( 928 ratings )
Business Finance
Developer: Dane Hankamer
Free
Current version: 2.4, last update: 3 months ago
First release : 23 Apr 2020
App size: 15.01 Mb

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 youve 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!