X

Compounder for iOS

By James Bevins Free

Developer's Description

Compounder, allows you to calculate compounding interest quickly. What exactly is compound interest?

Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

For example, if you start with $1000 in your savings account and each month you contribute $500 at 11% interest annually. After 40 years, guess how much the account will be worth. The answer, $4.38 Million! You're only putting in $500/month(the average car payment in America) at just 11% interest(Same interest the S&P 500 has averaged over the past 90 years).

You don't have to be some big Wall Street broker to become a millionaire.

Full Specifications

What's new in version 1.5

General

Release June 1, 2020
Date Added June 1, 2020
Version 1.5

Operating Systems

Operating Systems iOS
Additional Requirements Requires iOS 10.0 or later. Compatible with iPhone, iPad, and iPod touch.

Popularity

Total Downloads 0
Downloads Last Week 0
Report Software

Related Apps

Blockchain - Bitcoin Wallet

Free
Blockchain - Bitcoin Wallet

Venmo

Free
Venmo

PayPal - Send and request money safely

Free
PayPal - Send and request money safely

Mint: Personal Finance, Budget, Bills & Money

Free
Mint: Personal Finance, Budget, Bills & Money

Get the best price on everything

Shop your favorite products and we’ll find the best deal with a single click. Designed to make shopping easier.