Savings interest calculator resources

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Friday, January 11, 2008

Two recommended product regarding savings interest calculator (savings interest calculator)

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savings interest calculator

Introduction of savings interest calculator.

The savings interest calculator allows you to simply calculate how much interest you could earn on savings. You can choose a one-off investment, regular monthly savings amounts or a combination of both.

The products of savings interest calculator.

The first product of savings interest calculator recommended is from. Markosoft. The Markosoft Interest Calculator was originally designed as to tool to be used by accountants and bookkeepers for easily calculating daily interest. Shortly after its initial release, several additional interest calculation features were added to the program including the ability to calculate payment amounts, length of loans, and savings interest.

With the addition of printable amortization schedules and some enhanced reporting capabilities, it became apparent that the Interest Calculator was more than just a tool for accountants and that the application could be used by virtually anyone to effortlessly obtain useful savings, loan, and interest information on a day to day basis.

For example, wouldn't it be great if you knew how much the monthly payment on a $25,000 car would be before you decided to shop for one? Or, if you paid an extra $100 a month on your house payment, how much sooner would you be able to pay it off?

The Interest Calculator is capable of answering these questions and more. It can calculate the interest earned on savings accounts and print detailed amortization schedules. It is easy, fun to use, and effective in calculating the interest on all of your accounts.

For a limited time, Markosoft is offering the new Palm Pilot Interest Calculator with your purchase absolutely free! The Palm OS version contains all of the key features of its Windows counterpart, so you can now perform interest calculations virtually anywhere you go.
For more information of this kind savings interest calculator from Markosoft please go to this link :-
http://www.exefind.com/interest-calculator-P9350.html

The second product of savings interest calculator will be informed shortly.

savings interest calculator


figure : savings interest calculator

Thursday, January 10, 2008

Best Interest Rates For Savings Accounts Are High Yield (savings interest calculator)

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savings interest calculator

If you have looked for the best interest rate for a savings account, no doubt you know that they can fluctuate greatly. Because they are based upon current federal reserve rates, which in turn are based on the strength of US currency. Since these types of interest yields are unpredictable, you are wise if you keep abreast of the rates of traditional banks as well as the rates of increasingly popular savings accounts online.

Many banks and other financial institutions offer a type of investment called "high yield savings accounts." These types of banking services offer higher annual percentage rate than regular savings accounts do. This is likely to be attractive to a consumer who is interested in do a comparison before deciding on what type of account to choose for savings and investment. However, you should keep in mind that they usually require a greater minimum balance for the particular bank or institution you're considering. You may have to commit to a higher starting deposit, a higher average daily balance, or a limited amount of transactions allowed per month. Sometimes, you may be required to have a checking account tied to the savings account.

A popular alternative to store front banks, online banking services offer rates of interest that, in most cases, are significantly higher than traditional brick-and-mortar banks. Some of these banking services include ING Direct, HSBC Bank, Emigrant Direct Bank, GMAC Bank, interest rates for these institutions are higher because there is much less overhead associated with an online-only bank. Therefore, they can pass savings from operational costs on to consumers like you by offering higher interest rates.

If you research online, you'll find that there are many resources available to you if you want to compare interest rates and services between institutions, whether traditional store front, high yield, or online . You can easily do quick research for various types of saving products from a number of different financial institutions, as well as for versions of a savings account calculator, by going to such popular financial web sites as Financial Times and Motley Fool; you will be required to register, but it's free. The calculator will help you estimate earnings on a particular investment based upon the initial investment, the length of time interest accrues, and the annual percentage yield received. With a little research you will be able to recognize and secure the best interest rate for a savings account online or at or at your local branch.

Article Source: http://EzineArticles.com/?expert=Rhonda_Strump




savings interest calculator

Monday, January 7, 2008

Application of savings interest calculator online

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Figure 1- savings interest calculator online form

savings interest calculator

Example 1 of application savings interest calculator.

The figures 1 show the example application savings interest calculator online.The savings interest calculator allows you to see how much money you would earn by placing your money in a bank account over a given period of time.Enter the amount you are thinking of investing on the savings interest calculator, the time you are planning to keep the money in for, and the interest rate the savings account is offering.The savings interest calculator will tell you how much money you will have in the account at the end of the specific period of timeBy savings interest calculator since the money compounds (you earn interest on the interest you earned last year) you will be surprised at how much money you can earn, even on a small amount of savings.

Figure 2 - savings interest calculator online form

Example 2 of savings interest calculator.

The feature of this savings interest calculator can determine how fast will your savings grow. This savings interest calculator easily find out how fast your money can grow. in a high interest savings account. This savings interest calculator simply enter your initial deposit amount and a few other details below.

The information provided does not represent a quote and provides an indication only. The savings interest calculator does not take into account your individual investment objectives, financial situation or investment needs and you should assess whether this information is relevant and appropriate to your individual circumstances before making any investment decision.

The savings interest calculator is not intended to be relied on for the purposes of making a decision in relation to a financial product and you should consider obtaining advice from a financial services licensee before making any financial decisions. Although this savings interest calculator considers the assumptions used to be reasonable, they are subject to the limitations. The results shown by the savings interest calculator are a guide only.

The savings interest calculator requires you to insert your starting savings amount, a regular savings amount, how often you will save and an interest rate in order to derive the total amount you intend to save, the amount invested and the interest earned over that time period. These factors will vary the results that you will receive from this savings interest calculator. These calculations of this savings interest calculator do not take into consideration your individual financial circumstances, earning potential and potential to make the ongoing savings, the impact of taxation or changes to an individual's cost of living. This savings interest calculator limitations to the calculations apply and do not include or account for future changes to taxation, legislation and other economic conditions such as or changes in inflation or interest rates. The savings interest calculator assumes that all returns are calculated daily, paid monthly and reinvested for the term specified.

savings interest calculator