Compound Interest Calculator
How To Use Caribbean Value Investor Compound Interest Calculator
Thanks for choosing Caribbean Value Investor Compound Interest Calculator.
Our revised application is capable of answering all these questions. Here is how you use CVIs Compound Interest Calculator. It is literally as simple as 1,2,3.
- Enter your starting amount (The Principal into the first field) Please note that the field only acceps digits. So if your initial amount id $1,000. You would simply enter 1000
- Enter the (compound) interest rate per year. Note: This field also only accepts digits so if for instance you earned 6.5% in interest, you would enter 6.5 in the field.
- Enter the target amount. This is the biggest shift made from our first version of the Compound Interest Calculator. Here you decide how much you are trying to get to, it could be 100 or 100,000,000,000 Compound Interest Calculator will calculate the amount of time and report it at the bottom of the page. Again, this field only accepts digits so if your target is $1,000,000 please only enter 100000 in the Target field.
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