Financial Calculator
Personal Finance Students: Check out the App in the Chrome Web Store so you can learn to use these key financial calculations. You may also get the tablet app and the phone app from Google Play.
This a financial calculator for key personal finance equations. The user simply selects the desired calculation, enters key terms for the transaction, and presses “calculate” to see the result. Each section permits the user to examine multiple scenarios by altering terms such as interest rate, payment periods, payments amounts, or the amount of time applicable to the calculation. There is also a brief explanation for each calculation to provide basic insight as to when and why that calculation might be useful. It is a great tool for reinforcing basic principles about compounding and the value of regular investing.
- Calculate Future Values
- Simple Interest
- Single Payment Compound Interest
- Equal Payment Compound Amount
- Calculate Present Values
- Single Payment Present Worth
- Equal Payment Present Worth
- Calculate Deposits or Payments
- Equal Payment Sinking Fund
- Equal Payment Capital Recovery (or Loan Payment)
- Special Calculations
- Credit Card Payoff
- Compound Annual Growth Rate
- Time to Double Investment Value
