Fixed Deposit Calculator - calculating deposit interest with replenishments and withdrawals
There are 3 important reasons to download the Deposit Calculator mobile application
▶ To estimate the return on your deposit. You can compare 2 or more deposits by effective rate and choose the most profitable one. You can also see how much money you will have by the specified date.
▶ Know how much money you have in money if you have many open deposits in different banks
▶ Compare the terms and conditions of different banks. Simply create two different deposits and give them the name of the bank. Specify the conditions for each deposit and the application will calculate the possible income. Where the income will be higher, you should choose the bank of your choice.
▶ Who this app is for:
First of all for FINANCIALLY GRADUATE people who ▶ value their time and money. If you suspect that a bank is cheating you, you can check it with this calculator. You can keep the app on your phone, especially since Excel is not always at hand
For SERIOUS INVESTORS, the application has the possibility to save many deposits in the phone memory and then keep track of how fast your money is growing. Every day you can see how the amount of the current balance changes upwards and predict the interest coming on the specified date.
The Main Features
▶ the calculation takes into account deposits and withdrawals
▶ it is possible to set an irreducible balance
▶ current balance - you always know how much interest is accrued on the current date
▶ calculation of foreign currency deposits has been implemented.
▶ calculation of the effective deposit rate
▶ possibility to set fixed and floating deposit rate.
▶ convenient and clear interest payment schedule with indication of net income and taxes.
▶ recording of your deposit details for replenishment
▶ possibility to set the minimum balance and the date until which you can replenish the deposit.