Icon of program: Free Compound Interest Ca…

Free Compound Interest Calculator for Windows

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Editors’ Review

Download.com staff
This desktop application calculates both compound and regular interest. It offers a clear graphical display of results, aiding in understanding financial growth over time.

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Free Compound Interest Calculator 0/1

  • Pros

    • Calculates compound and regular interest
    • Graphical results window enhances understanding
    • Supports two alternative deposit plans
    • Simple and easy to use interface

  • Cons

    • No mention of advanced financial functions
    • Desktop application only
Icon of program: Free Compound Interest Ca…

Free Compound Interest Calculator for Windows

Download now

Used Free Compound Interest Calculator for Windows?

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Full Specifications

GENERAL
Release
Latest update
Version
1.0
OPERATING SYSTEMS
Platform
Windows
Operating System
  • Windows NT
  • Windows 2003
  • Windows XP
  • Windows 8
  • Windows 7
  • Windows 98
  • Windows 10
  • Windows Vista
  • Windows Server
  • Windows ME
  • Windows 2000
Additional Requirements
None
POPULARITY
Total Downloads
8,397
Downloads Last Week
1
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Developer’s Description

By Media Freeware
Calculate the compound interest or regular interest.
No matter you want to deposit your money or you have already done it, you will need a great application that can calculate your interest. Free Math Calculator has developed a desktop application named Free Compound Interest Calculator and its job is to show all information about interests. As its name says its job is to calculate the compound interest but alternatively it calculates regular interest. Compound interest arises when interest is added to the principal of a deposit or loan, so that, from that moment on, the interest that has been added also earns interest. A bank account, for example, may have its interest compounded every year: in this case, an account with $1000 initial principal and 20% interest per year would have a balance of $1200 at the end of the first year, $1440 at the end of the second year, and so on. The app calculates such info and shows them on the graph with different colors for each parameter so that you can understand them better and compare the results. You can specify number of years for deposit plan and see how much you earn at the end of each year. Also, you can specify the time period for the main deposit and the compound deposit. The interest rate can be set as a percent amount and this allows you to calculate all you bank accounts' interests with different rates. Some key features of Free Compound Interest Calculator are: Compound and regular interest calculation. Graphical result window for better understanding. Two alternative deposit plans. Simple and easy to use.
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