You can use the app to forecast how much interest you might earn on your savings, investment, or 401(k) over a period of years and months. Here's how to do it:
1. Enter the initial principal;
2. Enter the interest rate (annual);
3. Enter the term (number of years);
4. Select the compounding type (monthly, quarterly, annually);
5. Enter any additional periodic deposit (the same frequency as compounding);
6. Choose the beginning or end of the period for the deposit;
Disclaimer: Whilst every effort has been made in developing the app, please always seek a professional opinion before making an investment. We are not to be held liable for any damages or monetary losses arising out of or in connection with their use.
1. Enter the initial principal;
2. Enter the interest rate (annual);
3. Enter the term (number of years);
4. Select the compounding type (monthly, quarterly, annually);
5. Enter any additional periodic deposit (the same frequency as compounding);
6. Choose the beginning or end of the period for the deposit;
Disclaimer: Whilst every effort has been made in developing the app, please always seek a professional opinion before making an investment. We are not to be held liable for any damages or monetary losses arising out of or in connection with their use.
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