Personal Finance Investing Calculator

Here is a handy formula for figuring out the future value of your investing efforts.

S=Starting Balance
I=Annual Rate of Return (i.e. a 12% Annual Rate = 1% Monthly Rate)
M=Monthly Deposit (The amount you contribute monthly to your investment fund)
N=Number of Months

Future value =M*(((1+I)^N-1)/I)+S*(1+I)^N
Starting Balance:
Monthly Deposit:
Annual Interest Rate:
Number of Months:
Future Value=