Savings & CD Calculator 1.6.01

The importance of saving transcends the amount of income one generates. The Savings Calculator is a valuable tool crafted to demonstrate the potential impact of effective savings strategies. This dual-function calculator combines both a Savings Calculator and a CD (Certificate of Deposit) Calculator. Users can establish their savings goals and evaluate what actions are necessary to achieve them. Additionally, there may be instances when utilizing a CD account proves more beneficial. The CD Calculator serves to estimate potential interest earnings.

Key Features

1. Two integrated calculators: Savings Calculator and CD Calculator.
2. User-friendly interface, facilitating quick inputs and immediate calculations. The Savings Calculator allows users to set goals, compute monthly savings, and estimate the duration required to achieve those goals while the CD Calculator provides estimates for interest gains and comparisons across different CD offerings.
3. A scheduling table that details earned interest and account balances over time.
4. Graphical representations displaying monthly balances, illustrating both desired monthly savings and the required savings to meet goals within designated time frames.
5. Support for multiple compounding types in the CD Calculator, including daily, monthly, quarterly, semi-annually, and annually.
6. Option to save various savings accounts for future reference.
7. Additional features coupled with an elegant design awaiting exploration.