Find: Annual Compounded Interest, Nominal Effective Rate, Present Value of Money
Let's clarify some of the concepts used with this app:
Present Value = Principal amount or the Initial investment. How much money would be needed to produce the Future Value.
Interest Rate = An interest rate is the rate at which interest is paid by borrowers (debtors) for the use of money that they borrow from lenders (creditors). Specifically, the interest rate is a percentage of principal paid a certain number of times per period for all periods during the total term of the loan or credit.
Future Value = The final amount of money you want to gain in the end.
E.I. Rate = Effective Interest Rate is the interest rate on a loan or financial product restated from the nominal interest rate as an interest rate with annual compound interest payable in arrears.
Each calculator has a Calculate and Clear Button.
This application calculates compound interest and term deposit with ease and by...
Take control of your finances with wealth42. There are a lot of...
EMI Calculator App or EMI loan app helps to calculate EMIs, plan...
SpendSense makes managing personal finances as easy as pie! Now easily record...
Smart Financial Mobile App simplifies your life. The Smart Financial Android Mobile...
Expenso is an intuitive and user-friendly Android application designed to simplify expense...
Created with AppPage.net
Similar Apps - visible in preview.