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Compound Interest Handy app for iPhone and iPad


4.4 ( 1904 ratings )
Business Finance
Developer: STRENGCON LLC
Free
Current version: 1.0, last update: 1 year ago
First release : 08 Dec 2022
App size: 10.01 Mb

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. Heres 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.