The compound interest calculator is used to calculate the future value of an investment. The future value is the amount that the investment will be worth at a future date. The calculator can be used to calculate the future value for a variety of investments, including savings accounts, certificates of deposit, and stocks.
Features of Compound Interest Calculator – Future Value (FV) for PC
1. Compound Interest Calculator allows you to calculate and plan out both long term and short term savings.
2. Just imagine how wealthy you can be if you start right now.
3. 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
4. Compound interest is the interest you earn on interest.
5. 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.
6. 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).
7. Compound Interest Calculator allows you to calculate and plan out both long term and short term savings.
8. Just imagine how wealthy you can be if you start right now.
9. Formulas included
System Requirements
| App Name | Compound Interest Calculator – Future Value (FV) |
| Developer | Break Project |
| Latest Version | null |
| android Version | null |
| Category | Finance |
| Package name | com.fcalculators.cal001 |
| Download | 68870+ |
| Rating | 4.2 |
| Updated on | Sep 24, 2020 |
| Get it On | https://play.google.com/store/apps/details?id=com.fcalculators.cal001 |
How To Use Compound Interest Calculator – Future Value (FV) on a PC
Follow the simple instructions below to easily install and download Compound Interest Calculator – Future Value (FV) on your PC:
- Download the Bluestacks Android emulator from the link above
- After the download is complete, launch the .exe file to start the setup
- Follow the on-screen instructions to successfully install Bluestacks
- After installation, launch Bluestacks on your computer
- You will be asked to sign in; use your Gmail ID to log in to Bluestacks
- Now, look for the search bar and in the dialog box, type Compound Interest Calculator – Future Value (FV) and press Enter
- Select the most appropriate app from the search results and then click on it to expand
- Click on the Install button to begin the installation process
- Wait for the installation to complete
- Now launch the application within the emulator and enjoy
Compound Interest Calculator – Future Value (FV) App Overview and Details
A compound interest calculator is a handy tool for calculating the future value of an investment. The future value (FV) is the amount that the investment will be worth at a future date, assuming that the compounding interest rate remains the same.
To calculate the future value of an investment, you need to know the following:
The initial investment amount (I)
The compounding interest rate (r)
The number of compounding periods (n)
The future value can be calculated using the following formula:
FV = I(1 + r)n
For example, if you invest $1,000 at a compounding interest rate of 5%, compounded monthly, the future value of your investment will be $1,610.48 after five years.
Whats New In this Name?
Added contribution and profit on each year.
Improved compound frequency dropdown.
Included a few tips on how to use the app.
Conclusion
The FV application is a great tool for calculating the future value of your money. You can use this application to help plan for your future and make sure you are on track to reach your financial goals.
