Interest Calculator
I am:
Saving
Borrowing
Initial amount ($):
Interest rate (%):
Number of compounding periods:
Compounding:
Daily
Weekly
Bi-weekly
Monthly
Quarterly
Semi-annually
Annually
Results:
Initial amount:
$100
Interest earned:
$0.00
Final amount:
$0.00
When you save:
You are essentially a lender, and you get interest from those using your money.