[enlarge] Present value calculator is a tool to calculate the present value of any investment based on the investment return you will received within your investment period. This is useful when you want to invest on something and want to calculate whether the return is bigger than just put your money in the bank. If [...]
[enlarge] You can use this savings calculator spreadsheet to calculate the growth of your money. You will need this if you plan to have some amount of money when you retired from your job, or plan a holiday travel or plan to pay a submission fee for your son school in the future. And there [...]
[enlarge] Amortization is a most popular term for people who plan to loan some money from bank for buying a house or a car. Amortization refers at the process of paying off a debt from a loan/mortgage over time through regular payments. A portion of each payment is for interest while the remaining amount is [...]
[enlarge] If you want to understand how your money will grow if you save your money in the bank, you should learn about compound interest. Compound interest is an interest that arises when interest is added to the principal everytime the interest is due, so the total amount will be calculated together to earn next [...]
[enlarge] If you think about paying additional amount of money on top of your regular installment, you can use this excel spreadsheet that will help you estimate how much interest can be saved and how many years can be reduced based on your extra payments. And you can adjust your extra payment based on your [...]