Banking Calculator - This app helps user to simulate future earnings from savings interest using the compound interest formula.
User can select any of the 3 calculators that is ideal to them:
► Certificate Deposit Calculator – User can select interest compounding: Daily, Monthly, Quarterly, Semi-Annually or Annually.
► Savings Calculator – User can select a deposit term, from 1 year up to a term of 10 years. Interest is compounded on Monthly basis.
►Savings Goal Calculator - User can select a deposit term, from 1 month up to a term of 999 months. Interest is compounded on Monthly basis.
How to use:
► Enter only “Numeric” characters, decimal points are enabled only for interest rate fields
► "Calculate Button" is enabled only after all input fields are populated with user data
► Results are displayed in new activity with an option to share
Please watch our demo video listed in the store to get an idea how user inputs are entered to generate result.
► Estimate your future savings and interest earned on your future savings
► Share your results, if required
► Can work with no internet
► Your information stays with your phone
This version is FREE and is supported by ads.
Thank you for your interest and downloading our app and appreciate your valuable feedback / review.