INTEREST CALCULATOR

Your Goal$	Initial Capital$	Monthly Invested$	ROI %			Year	Investment Gain$

College Fund - Various Goals - Millionaire

Example : College Fund - Five different ways to invest and achieve the $50,000 College Fund

Based on historical data, we used

3% (Bank Deposit),
5% (T-bill),
7% (T-bond),
11% (Common Stock), and
15% (Growth Stock)
for comparison purposes.

	Input				Output
	Your Goal$	Initial Capital$	Monthly Invested$	Return on Investment (ROI) %	Years to Achieve Your Goal	Investment Gain$
1	50000	5000	500	3	6.66	5325.08
2	50000	5000	500	5	6.16	8035.37
3	50000	5000	500	7	5.83	10586.18
4	50000	5000	500	11	5.16	14299.66
5	50000	5000	500	15	4.66	17225.53

Try Your Own Calculations

Example : Various goals - Invested in stocks with 15% return - How long will it take to achieve them?:

	Input				Output
	Your Goal$	Initial Capital$	Monthly Invested$	Return on Investment (ROI) %	Years to Achieve Your Goal	Investment Gain$
1	2000 (PC)	1000	100	15 (stock)	0.75	164.6295
2	5000 (used car)	1000	100	15	2.5	1064.520
3	20000 (new car)	1000	100	15	7.66	10021.84
4	200000 (house)	1000	100	15	21.0	174238.1
5	1000000 (millionaire)	1000	100	15	31.6	963077.3

Try Your Own Calculations

Example : A Millionaire - Invested in stocks with 15% return - The more you invest, the sooner you will be there.

	Input				Output
	Your Goal$	Initial Capital$	Monthly Invested$	Return on Investment (ROI) %	Years to Achieve Your Goal	Investment Gain$
1	1000000	1000	10	15	42.4	996208.8
2	1000000	1000	100	15	31.6	963077.3
3	1000000	0	1000	15	17.5	796542.4
4	1000000	1000	1000	15	17.4	796542.4
5	1000000	1000	10000	15	5.5	357463.6