Regular Savings is a key element to savings success!
INSTRUCTIONS: This calculator assumes monthly payments and interest compounded quarterly such as with standard bank accounts. Enter items as called for, tabbing down to the next field. The interest rate should be entered as, for example, 5.5 for 5.5% annual interest.
The accumulated amount is shown at the bottom. Also, should you decide to just "live off the interest," a monthly amount paid to you after your savings period is also shown.
Important - Do not enter commas in your figures.
Stick with it! It can be done!
Page Modified July 10, 2000
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