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Estimate the end balance of an investment with regular monthly or yearly contributions.
Formula used
Balance = previous balance × (1 + monthly rate) + contribution
Example
$10,000 at 7% for 15 years with $200 added monthly grows to about $91,882 on $46,000 of deposits.
Frequently asked questions
Is the return guaranteed?
No. Investment returns vary and can be negative.
What if I contribute yearly?
Choose ‘Yearly’ as the frequency and the amount is added once a year.
Results are estimates for general information only and are not professional financial, medical or legal advice.
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