Financial
Savings Calculator
Calculate the future value of a savings account given an initial deposit, regular contributions and interest rate.
Currency for this calculator
Future Balance
$45,665.77
- Total Deposited$37,000.00
- Interest Earned$8,665.77
Show your work
- Monthly rate = 4% ÷ 12 = 0.3333%
- FV = $1,000.00(1+i)^120 + $300.00×[((1+i)^120−1)/i] = $45,665.77
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