Calculator Panel
Money fields use the display currency you select. 15,000, 15,000.50, 15000.50 formats are supported.
Calculation details
| Status | Waiting for calculation. |
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Formula and assumptions
The formula and assumptions for the selected mode will appear here after calculation.
Frequently Asked Questions
How is simple interest calculated?
With simple interest, interest is not added back to principal. Gross interest is principal × annual rate × time. If a withholding/tax rate is entered, it is deducted only from positive interest income.
Why might a fixed-term deposit result differ from a bank quote?
Financial institutions can use different day-count conventions, value dates, promotional rules, rounding and actual quoted rates. This tool uses the entered annual rate and a 365-day basis for the estimate.
When are monthly contributions added in compound mode?
You can choose beginning-of-month or end-of-month contributions. A beginning-of-month contribution earns one additional period of growth.
What does real return show?
Real return combines the effective net annual return with the inflation assumption to estimate the change in purchasing power.