Compounder

Compounder

App Report, Market and Ranking Data
publisher
category
price
Free
Reviews
5 (960)
United States United States
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.
Category Ranking
Not enough information to display the data.
Review Breakdown
Not enough information to display the data.
Screenshots
Reviews

This app is the best one out.

So easy to use. I invest in stocks and i used to use a free investment calculator online. I had to go to the site and still punch in the numbers. This is so much easier to use. I love everything about it. Right to the point.

Producer SkillzSat, Feb 24, 2024
United StatesUnited States

Very nice interface.

I’ve been looking for an app rather than a website. :) beautiful interface. Easy to use. Wish I could donate 5.00 to the developer. I know it’s not a lot but it’s just a way of saying thank you.

J.Le111Mon, Dec 18, 2023
United StatesUnited States

Very Good App

Very very nice app in its category

Thakkar gokuleshTue, Nov 28, 2023
United StatesUnited States

Great Tool

This app gives you a quick overview of what you can expect from a CD. Easy to use and fast.

B2RoweFri, Oct 13, 2023
United StatesUnited States

Good App, but needs to add periodic withdrawal calculations

Good start. It really needs the withdrawal side to determine impact on portfolio. Additionally, it really needs to add in additional income stream inputs at specific years they become active (ie. Social security, pension start dates, windfalls, etc) Lastly, graph the data on those years vs. just a table produced at the bottom.

DaisyMonkeyWed, Jun 7, 2023
United StatesUnited States

Not enough options

This app only asks for annual return rate and ask for compound frequency. If you choose monthly it will still only calculate annual. Need to be able to calculate monthly rate and give correct numbers after a year.

Sir RamseySat, May 6, 2023
United StatesUnited States

Compounder

Good app. Works well.

JC SelphSun, Feb 26, 2023
United StatesUnited States
Download & Revenue
DOWNLOAD 104Apr 2024Worldwide
REVENUEN/AApr 2024Worldwide
download revenue
About
Bundle Id
Infinite.Compounder
Min Os. Version
10.0
Release Date
Tue, Jul 31, 2018
Update Date
Thu, Aug 15, 2019
Content Rating
Has IMessage
No
Support Watch
No
Support Siri
No
File Size
23.36MB
Has Game Center
No
Family Sharing
No
Support Passbook
No
Supported Languages
English
What's New
version
1.5
updated
4 years ago
What's new in software version 1.5? 
+ In version 1.3 there was an incorrect calculation that occurred when compounding the initial capital investment with no additional payments. Version 1.5 fixes this issue.
+ Interface Improvement for the iPhone XR and iPhone XS Max.  
+ New touch bar that controls the "compound frequency" improves the user experience. 

If you are enjoying the software update, please leave a review on the App Store.
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