Company Name |
Vidyasoft Applications |
Address |
PO Box 93 Mira Road Thane Maharastra 401107 India |
Contact |
Mahesh Yadav |
Contact Email |
myadav@vidyasoft.com |
Author |
Mahesh Yadav |
General Phone |
n/a |
Fax Phone |
n/a |
Release Date |
20 06 2000 |
Type |
shareware |
OS Support |
Win95, Win98, WinME, WinNT 4.x, WinXP, Windows2000 |
Language |
English |
System Requirements |
Atleast 16 MB RAM, CPU of 133MHz. |
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If you have any type of investments or stocks, you may often wish to know the rate at which your money is growing. This calculator calculates the compound interest rate based on dates of all your previous investments and the current balance. By knowing the the growth rates for different periods of time, you may decide to fine-tune your investment strategy.
Enter all the previous investment information (date of investment and the amount of investment). Then, enter the current date and balance, and the rate calculator will calculate the interest rate! It is that simple! You can also use this calculator for calculating your interest rate between the two dates showing the balances! This can be creatively used for determining weekly, monthly, quarterly, or yearly interest rates!
In addition, based on the interest rate and balance you can make a projection of your investment accumulated in say 10 years. The projection is flexible to include a regular periodic investments and tax. This gives you a more realistic projection.
The authors of this software believe that compound interest on investments is one of the great ways to get get good returns in 10-20 years. The magic of compound interest and the performance of stocks this decade makes the possibility to get rich a real one. The authors with good background in mathematics and computers have created this calculator for their use! The free shareware version has enough goodies to make you excited about investments. So try it and register it only if you like the software!
The Help file describes the working of the Rate Calculator, the magic of compound interest, some tips and links. For mathematically savvy persons, we describe the mathematical formulas used in calculating rates and projection.
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