Compound Interest Calculator With Annual Addition - A Must-Have Tool for Financial Planning
Compound Interest Calculator With Annual Addition is a unique financial tool that can help you plan your investments, insurance, and retirement goals. Developed by Archita Dinesh Sehgal, this app is made in India and is available on the Android platform for free. It offers a range of features that can help you calculate the growth of your investments based on initial payment, yearly additional contribution, compounding frequency, number of years, and annual rate.
One of the unique features of this app is the provision for making yearly additions, which can help you compare between various financial products such as FD, SIP, LIC, and more. The app allows you to set the interest amount to be compounded yearly, monthly, weekly, or daily, as per your convenience. With this app, you can calculate the future value of your investments using the compound interest formula, and it does not require any prior finance knowledge. It is a generic app suitable for individuals, financial planners, accountants, brokers, students, and research analysts of all countries and currencies.
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