Loading ToolVerse…
Small monthly deposits, projected to maturity.
M = R × [ (1 + i)ⁿ − 1 ] / i × (1 + i)
The standard recurring-deposit formula: each monthly deposit compounds for the remaining months of the term. This calculator simulates it month by month, which produces the same result and also generates the yearly schedule directly.
Depositing $200 every month at 6.5% per annum for 3 years:
Inputs
Results
Total investment
$7,200.00
Maturity value
$7,969.27
Total interest
$769.27
Share of your maturity value that's deposits vs. interest earned.
How your account value pulls ahead of what you've deposited.
3 years, cumulative deposits and interest earned.