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Compounder

  • Finance
View in App Store

Compounder

  • Finance
4.8
2.5K ratings
Age Rating

4+

Seller
James Bevins
View in App Store

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User Reviews for Compounder

5
Great app!

I have been using this app for years! Super simple and easy to use! I use it for projecting investments! It works like a charm!

Adam myrick, Nov 26, 2022
4
Needs a tweak

Works great but the “periodic contribution” does not reference the time frame nor does it allow you to adjust it. For example the to adjust the field weekly, biweekly, monthly contributions.

Add water, Oct 17, 2022
1
Numbers are wrong!!!

The last person is correct. If you put in an initial deposit earning interest yearly with no additional deposits you should still accumulate interest. This calculator doesn’t use the initial investment in its calculations. Huge Oversight! Epic fail.

ASHA L, Jul 22, 2019
4
This App Save My Live

For years, I have ask for loans. Not knowing the interest rates. Now, I have “Compounder”. Now, I know the interest rates for the loan. And how much risk to take. Get “Compounder” today. To prepare for the future. Yeah, you guys. “Why are breathing down my neck? “ “Guys, please don’t break my legs?” (I have to go guys. Get Compounder, it will save your life.) Noooooooooooooooooo . . .

Bad Maryi, Sep 05, 2020
5
Works.

Crunches the numbers you input. Easy to use and doesn’t lag like some others I’ve used in the past. The only improvement that I can think of would be the ability to include an inflation adjustment to contribution amount and a gross vs. real (inflation-adjusted) output.

Excellent FI Podcast, Apr 27, 2021
5
Must have

Love the compound calculate, very helpful for what I need, easy to use.

Floral007, Jul 20, 2021
1
Be Aware Wrong Calculations!!

As multiple other reviewers have stated, the interest rate is not calculating. If you are using this calculator for monopoly or another game, you may find this calculator helpful. For real world money or retirement answers, you will be wrong and your life could be ruined. Be aware!!

Johnasenahtsgg, Aug 08, 2019
5
Great app!

A useful tool to calculate investment potential.

Legitlock, Jan 18, 2021
5
Awesome, simple compound calculator

Type in your data…see the results. Simple. Even breaks it down by year. Perfect for quick calcs & projections on the fly.

Mr_Fireman, Jul 31, 2021
5
Great Tool

I work in banking and this tool is great for quick calculations on the go. It would be cool if you could make a widget version.

Poopydix, Feb 27, 2021

Description

Compounder, allows you to calculate compounding interest quickly. What exactly is compound interest? Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

For example, if you start with $1000 in your savings account and each month you contribute $500 at 11% interest annually. After 40 years, guess how much the account will be worth. The answer, $4.38 Million! You're only putting in $500/month(the average car payment in America) at just 11% interest(Same interest the S&P 500 has averaged over the past 90 years). You don't have to be some big Wall Street broker to become a millionaire.

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