The Ultimate aim of this Decision Tool is to enhance the efficiency of making Financial decisions.
Features of this application:
Input Fields : A user-interface that allows users to input their Current savings, Yearly savings, Expected interest rate and Investment Duration.
Compound Interest Formula: Utilises the compound interest formula A= P x (1+r/n)n*t Where: A = The future value of the investment/total savings. P = Principal amount (current savings). r = Annual interest rate. n= Number of times interest is compounded per Year. t= Time the money is invested for in Years.
Output Display: Displaying the calculated results for the future savings to the user based on their inputs and provides a summary of the inputs and the calculated future savings for the user in a table to review.
User Friendly Interface: A simple user-interface that displays the output results in a table for users.
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