| Dezvoltator: | Adam Maliborski (4) | ||
| Preț: | * Gratuit | ||
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| Punctele: | 1 + 0 ¡ | ||
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Descriere
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
Capturi de ecran
Ce este nou
- Versiune: 1.1.2
- Actualizată:
- Thank you for using Compounder.
This update includes general bug fixes and performance improvements.
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Informații suplimentare
- Versiune: 1.1.2
- Categorie:
iOS Aplicații›Finanţe - SO:
iPad,iPhone,iOS 13.0 sau o versiune ulterioară - Mărimea:
24 Mb - Limbă acceptată:
English - Evaluarea conținutului:
4+ - App Store Evaluare:
0 - Actualizată:
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