FAQ

What is the investment calculator?

The investment calculator is a tool that helps you calculate your investment return with compound interest and monthly contributions.

How does the investment calculator work?

The investment calculator works by taking your investment amount, interest rate, investment term, and payment frequency, and then projecting your investment return with compound interest and monthly contributions based on these inputs.

How can I use the investment calculator?

You can use the investment calculator by entering your investment amount, interest rate, investment term, and payment frequency, and then clicking the 'Calculate' button. The calculator will then display your investment return with compound interest and monthly contributions.

What is the difference between a investment and a mortgage?

A investment is a general term for any type of debt, while a mortgage is a specific type of investment used to purchase real estate.

What is the rule of 7 in investment?

The rule of 7 states that the interest rate multiplied by the number of years equals 7. This is a quick way to estimate the future value of an investment.

How to calculate the future value of an investment?

The future value of an investment is calculated by multiplying the initial investment by the interest rate raised to the power of the number of years. For example, if you invest $1000 at an interest rate of 5% for 10 years, the future value of your investment will be $1000 * (1 + 0.05)^10 = $1628.89.

What are 100k invested over 30 years with 5% interest worth at the end of the investment period?

The future value of 100k invested over 30 years with 5% interest is $100000 * (1 + 0.05)^30 = $100000 * 4.321942375152452 = $432194.24.