Find final investment
This is Friend-Calculator that helps you to find final investment using principal amounts of money you deposit (monthly) and interest rate (annually).
Thank you for sharing! I'm just learning to invest, and such a program will not prevent me from starting to understand it better, at least I hope so. I also only recently found out what is the rule of 72 and was surprised how much it simplifies understanding how to properly invest and calculate income. But I still need to know how my money will work and what risks I can incur. The most popular and understandable way to invest money is to bring the amount to the selected bank, specify the term, choose the interest rate and conditions, and take the money at the end of the term or capitalize the interest extending deposit.
With these calculations, I want to point out the obvious disadvantages of this investment plan. In this industry, it is worth considering diversionary funds that have an important impact on the numbers. I suggest you learn more about Diversyfund because it taught me a pretty good lesson on how to use funds and investments correctly. It's a lengthy strategy, but in the end, it produces excellent results, so it's worth being more attentive to the details, which can be a significant aspect of this business. I went through the same thing, so that's the part I would recommend.