These calculations can forecast the future value of a deposit or series of deposits. Other features include present and future value of deposits as well as determining interest rate earned.
Projected Value of a Deposit
Calculate the future value of a deposit such as a term deposit, registered education savings plan (RESP) or registered retirement savings plan (RRSP) over an extended period of time.
Projected Value of a Series of Deposits
Calculate the future value of a series of uniform deposit amounts such as a registered education savings plan (RESP) or registered retirement savings plan (RRSP).
Deposits Needed for a Future Sum
Calculate the deposit amount needed to reach a specific future sum such as a home or automobile down payment. |
