Calculator: Compound Interest app for iPhone and iPad
4.0 (
2480 ratings )
Finance
Developer: Seongho Cha
Free
Current version: 1.4, last update: 3 months agoFirst release : 08 Jun 2023
App size: 34.69 Mb
Compound interest is a method used to calculate interest on an investment. It involves adding together the principal amount and the previously generated interest to determine the next interest payment. Unlike simple investments that earn a fixed amount of interest each time, compounding investments accumulate more and more interest, resulting in exponential growth of your assets over time.