Calculates Savings Interest on Certificate of Deposit, Savings and Savings Goal. This app offers, 3 types of calculator, users can select a calculator that is ideal to them: ► Certificate Deposit Calculator By default interest is compounded on "Daily". But, User can change the interest compounding type from the list: Daily, Monthly, Quarterly, Semi-Annually or Annually. User can select a deposit term from 1 month up to a term of 999 months. ► Savings Calculator Interest is compounded on Monthly basis. By default savings term is set for "1 year". But, User can change increase the saving term from "1 to 10 years" from the list. ► Savings Goal Calculator Interest is compounded on Monthly basis. User can select a deposit term from 1 month up to a term of 999 months. 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 the demo video posted in our website for details about user input and how the app calculates the result. FEATURES: ► Estimates future savings balance ► Estimates interest earned on future savings ► Option to Share calculated results, if required ► Can work with no internet ► Your information stays with your device Disclaimer: This app is designed based on the compound interest formula used commonly to calculate daily, monthly, quarterly, semi-annual and annual interest. Our app is not promoting or offering savings instruments/products. App delivers the results based on the information entered by the user. Please use this App for educational and general knowledge purpose. This version is FREE and is supported by ads. Thank you for your interest and downloading our app and appreciate your valuable feedback / review.
What's new in this version
Please update to this version 18.104.22.168, we have applied a fix to Savings Calculator Logic. In the previous version 22.214.171.124, "Saving Term" was set to default term - 1 Year. We have addressed this, with this release version 126.96.36.199. Now, users can select the "Saving Term" From a term of 1 to 10 Years.
- Calculates Interest on Savings
- Estimates required savings to reach savings goal
- Share or Save Your App Calculated Result