 |
Principle |
| How much would I have in so many years time if I saved regular amounts? |
|
 |
Payments |
| If I wanted so much in so many years time, how much should I save regularly? |
|
 |
Rate |
| If by saving regular amounts, I was promised a certain figure in so many years time, what is the net interest rate? |
|
 |
Period |
| If I could afford to save a regular amount, how long would it take to save a specified amount? |
| Calculations involving compound interest can be complex and a number of factors can affect the overall computation.
There are many ways in which you can save: a lump sum; a lump sum follwed by regular amounts; regular amounts;
variable amounts - plus you may even make some withdrawals during the period etc.
This calculator is designed to give you a close approximation of what you might expect if you save a regular amount.
This amount must remain the same over the period and the net interest rate fixed.
|