Albert Einstein said "Compound interest is the eighth wonder of the world. He who understands it earns it… he who doesn’t… pays it." Or maybe it was Lincoln who said that. Or maybe Warren Buffett. Elon Musk? Never mind. It doesn’t matter who said it (it was Einstein), it only matters that you use compound interest to your advantage.
Calculate and plan out your investment so that you may "Retire Early" and achieve "Financial Independence". It is never too late to start snowballing your money!
With some types of investments you might find that your interest is compounded daily, meaning that you are earning interest on both the principal amount and previously accrued interest on a daily basis. This is often the case with some bitcoin and crypto currency trading platforms. When interest is compounded so frequently on a fixed basis, it can mean that the interest accrued increases quickly, as every day's interest figure is bigger than the previous day.
Whether you are an investor, planning to invest like Warren Buffet (that's how he made all of his wealth, through compounding after years) or want to invest more intelligently in the stock market, cryptocurrencies (like Bitcoin, Ethereum, IOTA, XRP, Litecoin, EOS, Bitcoin Cash, Binance Coin, SOL, AVAX, BLOK, DOGE, ...) then this simple app is for you.
Use this daily compound interest calculator to get an estimate of the daily interest you might earn on your investment over a fixed number of days.
Daily compound interest is calculated using a simplified version of the compound interest formula.
This app is built solely and exclusively for iPhones and iPads using Apple's native development language and tools which guarantees top performance and future maintainability.
Disclaimer: Whilst every effort has been made in building this app, we are not to be held liable for any damages or monetary losses arising out of or in connection with the use of it. This app is here purely as a service to you, please use it at your own risk.
Calculate and plan out your investment so that you may "Retire Early" and achieve "Financial Independence". It is never too late to start snowballing your money!
With some types of investments you might find that your interest is compounded daily, meaning that you are earning interest on both the principal amount and previously accrued interest on a daily basis. This is often the case with some bitcoin and crypto currency trading platforms. When interest is compounded so frequently on a fixed basis, it can mean that the interest accrued increases quickly, as every day's interest figure is bigger than the previous day.
Whether you are an investor, planning to invest like Warren Buffet (that's how he made all of his wealth, through compounding after years) or want to invest more intelligently in the stock market, cryptocurrencies (like Bitcoin, Ethereum, IOTA, XRP, Litecoin, EOS, Bitcoin Cash, Binance Coin, SOL, AVAX, BLOK, DOGE, ...) then this simple app is for you.
Use this daily compound interest calculator to get an estimate of the daily interest you might earn on your investment over a fixed number of days.
Daily compound interest is calculated using a simplified version of the compound interest formula.
This app is built solely and exclusively for iPhones and iPads using Apple's native development language and tools which guarantees top performance and future maintainability.
Disclaimer: Whilst every effort has been made in building this app, we are not to be held liable for any damages or monetary losses arising out of or in connection with the use of it. This app is here purely as a service to you, please use it at your own risk.
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