Simple Savings Calculator

Equal end-of-period contributions. Rate is per contribution period. This specification supports positive rates.

Your workbenchInputs are not stored

Result

Enter your values and run the tool to see your result.

Check the units, enter your values, and run the tool. Results follow the assumptions and method below.

Ending balanceinitial*(1+rate/100)^periods+payment*((1+rate/100)^periods-1)/(rate/100)

Total contributionsinitial+payment*periods