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Compounding Interest Simulation app for iPhone and iPad


4.4 ( 864 ratings )
Entertainment Education
Developer: Steve Rhine
Free
Current version: 1.0, last update: 7 years ago
First release : 28 Oct 2013
App size: 8.34 Mb

The Compound Interest Simulator helps students learn about the impact that changes in interest rates, time, and principal have upon the ending balance. Using sliders to adjust the different variables, students can watch how a table or graph are impacted by their manipulation. Students also have the option of considering interest compounded yearly, quarterly, monthly, or daily.