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To buy the same groceries for our households and pump the same amount of fuel for our vehicles, we arepaying a lot more than we used to – in simple terms, this is inflation. If our incomes didn’t increase alongwith the increases in prices, it can be challenging to save or invest. However, given that […]
This calculator easily answers the question "If I save "X" amount for "Y" months what will the value be at the end?"
The user enters the "Periodic Savings Amount" (amount saved or invested every month); the "Number of Months" and the "Annual Interest Rate" or the annual rate of return one expects to earn on their investments.
The calculator quickly creates a savings schedule and a set of charts that will help the user see the relationship between the amount invested and the return on the investment. The schedule can be copied and pasted to Excel, if desired.
The investment term is always expressed in months.
All calculators will remember your choice. You may also change it at any time.
Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.