Compound Interest Simulator 1.0.14

Andre Leite Barbosa Costa ❘ Freeware ❘
iOS
out of 130 votes

Experience the power of compound interest and simulate your investments with ease using our app.

Whether you are a follower of the FIRE (Financial Independence, Retire Early) movement, planning a major purchase, or simply seeking to understand how your money can grow over time to support a comfortable retirement, our app is a valuable tool on your journey towards financial freedom.

Our calculator is specifically designed for simulating fixed income investments, planning savings, visualizing wealth growth, and achieving retirement goals or financial independence plans.

Getting started is simple with the "Basic Mode." Just enter your initial investment amount (if any), an optional monthly deposit, the interest rate, and how long you plan to keep your capital invested. The app will then generate a beautiful graph and provide a detailed analysis for the selected period.

For more advanced customization, switch to "Advanced Mode" which offers additional features. You can add multiple deposits and withdrawals over time, choose different compounding frequencies (such as daily or quarterly), and adjust the number of days in a year. The calculator offers flexibility for simulating various scenarios, such as making significant monthly deposits for 30 years and then starting annual withdrawals based on a percentage of the balance.

Watch your money work for you and achieve your financial goals with the magic of compound interest!

Please note that this app is intended for informational purposes only. It may contain inconsistencies and does not replace personalized financial advice from a qualified advisor. Investment decisions and life-saving strategies should be based on professional guidance rather than information from unfamiliar sources on the internet.

Terms of Use: https://codexception.com/terms-and-conditions
Privacy Policy: https://codexception.com/privacy-policy

Overview

Compound Interest Simulator is a Freeware software in the category Business developed by Andre Leite Barbosa Costa.

The latest version of Compound Interest Simulator is 1.0.14, released on 07/02/2024. It was initially added to our database on 02/03/2024.

Compound Interest Simulator runs on the following operating systems: iOS.

Users of Compound Interest Simulator gave it a rating of 5 out of 5 stars.

Pros

Provides a visual representation of compound interest growth over time, which can be helpful for understanding the concept.
Offers customizable settings for initial investment, yearly contributions, interest rate, and time period.
Can simulate different compounding frequencies, such as monthly, quarterly, or annually, allowing for detailed analysis.
User-friendly interface makes it easy to input data and view results, suitable for both beginners and those familiar with finance concepts.

Cons

May lack advanced features found in other financial simulation software, limiting its utility for complex financial analysis.
Currently available as a web-based tool only, which may present limitations for those who prefer standalone software applications.

Screenshots (Click to view larger)

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Dividendos: Ações, FIIs, BDR

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Latest Version
1.0.14

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