| Developer: | Adam Maliborski (4) | ||
| Price: | * Free | ||
| Rankings: | 0 | ||
| Reviews: | 0 Write a Review | ||
| Lists: | 0 + 0 | ||
| Points: | 1 + 0 ¡ | ||
| App Store | |||
Description
Without a doubt, compounding interest is the most important concept to know to help you achieve financial independence earlier. At its most basic, compounding interest is a money multiplier. It is the money you earn for free from your money and is a key cornerstone in being financially independent.
Everyone can take advantage of compounding interest, and you can start immediately. For example, let’s say you invest $100 each month with a 10% overall return each year (compounding quarterly). After 30 years, you’ll have saved $36,000. How much money do you think you would have earned from compounding interest? $60,000? $80,000? You earned over $180,000; making your total savings of $36,000 worth over $220,000 at the end of the 30 years (more than 6 times the amount you had saved).
The Compounder calculator allows you to not only plan and calculate long and short-term savings potential, but also theory craft the impact of a flat taxation rate and inflation on your retirement goals.
Features included:
- Calculate the amount of money you could accumulate with your compound interest based investment
- Yearly interest rate up to 100%
- Multiple options for compounding frequency (daily, two-weekly, monthly, quarterly, 6-monthly, yearly)
- Multiple options for duration of your investment (daily, weekly, monthly, yearly) to account for a broader range of investment avenues, including crypto
- Unlike most other compound interest calculators, the Compounder includes both deposit and withdrawals in the one calculation to give a more complete picture of your finances
- Display graph and detailed table view
- Advanced settings include:
• the ability to pre-set a starting figure.
• enter a basic (flat) tax rate, with an option for a tax-free threshold.
• set inflation to apply to your withdrawals.
- Basic formula explanations included
Screenshots
What's new
- Version: 1.1.2
- Updated:
- Thank you for using Compounder.
This update includes general bug fixes and performance improvements.
Price History
-
* In-App Purchases - Today: Free
- Minimum: Free
- Maximum: Free
Track prices
Developer
- Adam Maliborski
- Platforms: iOS Apps (3) iOS Games (1)
- Lists: 0 + 0
- Points: 2 + 3 ¡
- Rankings: 0
- Reviews: 0
- Discounts: 0
- Videos: 0
- RSS: Subscribe
Points
-
- 3,637 Jojo Gillera
- +1
Rankings
0 ☹️
Lists
0 ☹️
Reviews
Be the first to review 🌟
Additional Information
«Compounder» is a Finance app for iOS, developed by «Adam Maliborski». It was first released on and last updated on . This app is currently free. This app has not yet received any ratings or reviews on AppAgg. AppAgg has tracked 1 confirmed points plus 0 indirect points for this app. Available languages: English. AppAgg continuously tracks the price history, ratings, and user feedback for «Compounder». Subscribe to this app or follow its RSS feed to get notified about future discounts or updates.
Compounder Short URL: Copied!- 🌟 Share
- App Store
You may also like
-
- Compounder
- iOS Apps: Finance By: James Bevins
- Free
- Lists: 0 + 1 Rankings: 0 Reviews: 0
- Points: 0 + 3,600 (4.8) Version: 2.0 Compounder lets you easily calculate the power of compound interest to reach your financial goals whether for savings, investments, or retirement planning. What is compound interest? ... ⥯
-
- Compound Interest - Compounder
- iOS Apps: Finance By: Micah Wilson
- $1.99
- Lists: 0 + 0 Rankings: 0 Reviews: 0
- Points: 0 + 233 (4.7) Version: 1.3.1 Unlock the Power of Compound Interest: See Your Money Grow Over Time Ever wondered how much your savings could grow if you started investing today? With Compound Interest, you can ... ⥯