To calculate compound interest rate.

To calculate

License: This program is distributable only if its sources and its author`s name be included in the package.

It asks from you 4 questions, but you must answer only 3 of them. It will calculate for you the value that you leave it blank. |

The four questions are: | present value, |

future value, number of periods, rate |

If an investment costs $100 and pays 0.5% per month at the end of 12 months,

it will become a little more than $106.16 .

Note that it asks the number of periods before it asks the rate.

How many months would take for $100 to become $200 being applied a rate of 0.5% per month?

It would take almost 139 months, that is 11 years and 7 months.

How much fast a business must grow per year to double every decade?

A business must grow faster than 7.17% per year to double in 10 years.

How much do I need to invest now to retire with $ 1,000,000.00 on 35 years?

Considering a safe return of 0.5% per month,

you must invest $ 123,098.87 now.

Download for other systems: rate.tgz