Menu Toggle

 

Zero Interest Savings Calculator

spacer
spacer
spacer
Goal Time Period * :
spacer
spacer
spacer

Go to top

Concepts

Zero Interest Savings Calculator shows the amount to save regularly to meet the specific goal amount without any interest accrued.

Simple Interest Calculator
Simple interest is based on the principle of Interest on Principal or Loan. It is the result of multiplication of the Principal, Time Period and Rate of Interest.

Compound Interest Calculator
Compound interest is based on the principle of Interest on Interest. The interest is added to the principal regularly. The interest in the next period is then calculated on the new balance amount (i.e. principal plus previously accrued interest). It is the result of reinvesting interest.

Fixed Deposit Calculator, Term Deposit Calculator, Bonds Interest Calculator, and Time Deposit Calculator are a few financial instruments that use the compound interest principle.

Go to top

Search

 

Latest Articles