FinaCal - Financial Calculator is an application which combines the best and the most convenient calculators in one app.
Works on iPhone as well as iPad without additional purchase.
For iPhones and iPad, this application includes the following financial calculators.
* Fixed Deposit (Term Deposit) Interest Calculator
Fixed Deposits (Term Deposits) are a great way to invest for those who rate safety higher than returns.
This helps you to find out how much interest you can earn on an FD and the value of your investment (Principal) on Maturity when compounding of interest is done on a monthly, quarterly, half-yearly or yearly basis.
Simply input your Investment amount, interest %, the number of years you are planning to invest, how many times the interest is compounded in a year and your results are displayed after clicking calculate button.
* Loan Repayments Calculator
This calculator shows what your monthly payments would be for a given loan, where interest is compounded monthly. Payment protection insurance is excluded.
* Present Value (PV) of a Single Amount Calculator
This calculator helps you to find the present value of a single future cash amount.
Or in other words, a future amount of money that has been discounted to reflect its current value, as if it existed today.
* Rate of Return
The rate of return calculator shows the rate of return on an investment required to reach a future value, expressed as a percentage of the total amount invested.
NOTE : Requires iOS 6.0 or later.
Hope you all enjoy it!
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