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This
calculator will compute how long it will take you to reach your
desired
savings goal, based on three factors: the amount you
currently
have set aside, the amount you can add to your savings
each
month and the annual interest rate you expect to earn.
To
calculate the how long it will take to reach your savings goal,
enter
the beginning balance, your savings goal, the monthly dollar
amount you plan to deposit and the interest rate you expect to
earn,
then click the "compute" button. Note that this calculator is
based
on
monthly compounding. |