New Savings Account Calculator

Description
Download this new saving account calculator for a ready-to-use, instantly downloadable tool.

This tool allows the user to input their monthly deposits, annual interest and the number of months that the account is planned to be active. After having entered this information, the calculator will then return the final balance. This is simple and easy-to-use, yet effective when wanting to calculate your savings account final balance.

This tool is also very useful for those wanting to compare different savings accounts, with this calculator you can work out which account to choose, and how much money you should deposit per month, in order to understand the returns.

This tool contains excel macros which can be copied and implemented into your own spreadsheet.

Finding a savings account is important, as you can gain interest and therefore increase the amount that you are saving. Normally, savings accounts are better for the shorter term as it is not uncommon for them to be instant access and moderate interest rates. There may be restrictions on opening these accounts, and it is important to check the terms and conditions before opening the account.

If you have any questions regarding this tool, do not hesitate to reach out via either my channel page, or start a discussion below.

To find more of my tools, please visit my channel page.