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Savings Calculator- Periodic Deposits
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This calculator will show you how much interest you will earn over a given period of time, at any given interest rate, based on an initial investment plus a fixed monthly addition. The calculator compounds monthly and assumes deposits are made at the beginning of each month.
To use this calculator:
- Fill in the Initial Investment, the Monthly Addition, Interest Rate, and Number of Years.
- Click the Compute button.
- The calculator will display the Future Value of the savings, and the amount of Interest Earned.
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| Initial Investment | | | Monthly Addition | | | Interest Rate | | | Number of Years | | | | | | Future Value | Interest Earned | | | |
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