Archived App
This is an archived listing of the app previously available on the App Store.
Easily calculate the difference between simple and compound interest. Input your principal, monthly contributions, interest rate, and investment period to see the growth potential of your investments over time. Offers advanced options for compounding methods and taxation.
1.6.0
September 27, 2023
Thank you for always using us. - Improved the phenomenon where the smartphone becomes sluggish while using the app.
MoreThis app allows you to calculate and compare the results of simple interest versus compound interest operations. It helps you understand the effect of compound interest on your investments by letting you input key financial details.
You can input your initial principal, monthly reserve amount, annual interest rate, and the investment period. For more detailed calculations, you can select different compound interest methods (e.g., yearly, monthly) and taxation methods (e.g., tax exemption, lump sum tax).
Yes, the app is free to use. It is supported by advertisements, which are displayed within the application.
The app is designed to calculate the growth of investments based on principal, regular contributions, interest rate, and investment duration. It's suitable for understanding the potential returns on savings, fixed deposits, or other interest-bearing investments.
No, this app is for calculation purposes only and does not provide financial advice. The calculation results are a guide and do not guarantee investment returns. For tax-related details, it is recommended to consult a tax accountant.
