Icon of program: Free Interest Calculator

Free Interest Calculator for Windows

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Editors’ Review

Download.com staff
This desktop application calculates interest on money deposits. It handles initial and regular deposits, interest rates, and compound interest calculations with clear graphing.
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Free Interest Calculator 0/1

  • Pros

    • Calculates initial and regular deposit interest
    • Supports compound interest with adjustable frequency
    • Allows comparison of two separate deposit strategies
    • Visualizes results with a color-coded graph
    • User interface is simple and easy to use

  • Cons

    • Lacks advanced financial planning features
    • No options for different currency support
    • Limited customization for graph appearance
    • Does not include tax implications in calculations
Icon of program: Free Interest Calculator

Free Interest Calculator for Windows

Download now

Used Free Interest Calculator for Windows?

Explore More

Full Specifications

GENERAL
Release
Latest update
Version
1.0
OPERATING SYSTEMS
Platform
Windows
Operating System
  • Windows 2000
  • Windows NT
  • Windows 2003
  • Windows 7
  • Windows Server
  • Windows ME
  • Windows Vista
  • Windows 10
  • Windows 8
  • Windows XP
  • Windows 98
Additional Requirements
None
POPULARITY
Total Downloads
3,621
Downloads Last Week
1
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Developer’s Description

By Media Freeware
Calculate the interest of money deposit.
Free Interest Calculator is a financial desktop application with great features presented by Free Payment Calculators. It's an application for those who want to deposit their money. Its job is to calculate the interest of money deposit. In the Initial Deposit text box you enter the amount you want to deposit. There is a text box for a regular deposit which means how many additional money you can deposit based on a regular manner such as weekly, monthly, yearly. you can specify the rate of interest in percent. This way you can calculate your interest based on the bank in which you are going to deposit you money. There is a very interesting feature which calculates your Compound Interest. As you know Compound Interest is interest which is added to the main deposit. In other words, the interest earns interest. For example an account with $1000 initial deposit 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. You can change the compound frequency too. Another feature is that you can continue with an alternate deposit which is shown next to your main strategy on the graph. The graph shows you all your info with different colors to analyze it better. Some key features of Free Interest Calculator are: A great interest calculator for your deposits; Compound Interest calculation; Two separate strategies; Show the results on the graph for better comparison; Very simple and easy to use.
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