Saving Interest Calculator Spreadsheet with Variable Interest Rates
Originally published: 27/04/2020 07:54
Last version published: 28/04/2020 08:36
Publication number: ELQ-51720-2
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Saving Interest Calculator Spreadsheet with Variable Interest Rates

With variable savings options and interest rates - Excel Spreadsheet

Description
This savings interest calculator will help you stay on top of your savings / investment. As Albert Einstein Famously said and I quote: “compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it”.

This is what you get from the calculator:
1. Ability to choose your currency
2. Different deposit options
- One-time deposit
- Monthly deposit and/or the possibility to add extra payments
- Variable deposit option if you don’t want to commit to a monthly plan
3. Choose a time frame you want to track – possibility to track up to 39 years
4. Ability to change interest rates over-time (in the future)
5. A dashboard showing your total pay out at the end of the specified period, including interest accumulated as well as an overview of the principal invested over time
6. And most importantly, simple to use

Some quick features summary:

1. Compatible with Excel 2007 and later
2. Plug and play. No need to install any software
3. Works on both Mac and Windows as long as you have Excel


I hope you find it useful.

Please do not hesitate to contact me in case of any questions.

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