Leave a Review Compound Interest Calc
am I doing something wrong ???
adding additional Deposits per Month results in a SMALLER Interest when calculated Daily versus calculated Yearly ??? $1 Principal, $1 Monthly Deposit, 10%, Calculated YEARLY = $1.30 Interest $1 Principal, $1 Monthly Deposit, 10%, Calculated DAILY = $0.69 Interest if no monthly deposit made, the DAILY Calculation generates more InterestShow lessGreat app
Wish it allowed calculation of additional money DEPOSITS added by year - at present does only by month.excellent calculator
This app is superb. It's simple and easy to use. The inclusion of the "adjusted for inflation" figure is an excellent idea. Highly recommended.Developer Response
thankyou