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- Compounding Interest Calculator Excel Download For Mac
- Daily Compound Interest Calculator Excel Sheet Download
- Compounding Interest Calculator Excel Download Software
Wonder what your 401(k) balance could be by the time you retire? Our free 401k Calculator for Excel can help you estimate how much you could have after investing for a certain number of years. It takes into account your existing balance, annual raises in your salary, your employer's contributions, and the estimated rate of return.
Interest Rate Calculator. This interest Rate Calculator will help you compute the effective interest rate based on the number of periods, type of interest rate (simple vs compound), and initial balance amount. Here is what the template looks like: Download the Free Template. Enter your name and email in the form below and download the free. Excel Template for Interest Calculator Leave a reply This calculator will help enter your savings rate, the savings period and the interest rate, and Excel will calculate your net savings after the saving period. Note: there is no special function for compound interest in Excel. However, you can easily create a compound interest calculator to compare different rates and different durations. Assume you put $10,000 into a bank. Download Excel File. Compound-interest.xlsx; Follow Excel Easy. Randomly selected.
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License: Personal UseCompounding Interest Calculator Excel Download For Mac
(not for distribution or resale)'No installation, no macros - just a simple spreadsheet' - by Jon Wittwer Backup exec 2010 r3 download.
Description
Estimate your future 401(k) balance. Enter your current age, age at retirement, your current balance, annual salary, expected annual raise in salary, your annual contribution/investment, your employer's matching contribution, and the expected annual rate of return.
One of the unique features of this calculator is the option to specify a random rate of return - one that changes from year to year. Ever wonder how a fluctuation in the market could affect your investment? Just press F9 a bunch of times to see how the graph of the balance changes.
You can also track your 401(k) balance over time using the Balance worksheet included in the workbook (see the screenshot on the left). It shows a graph comparing your contributions, your employer contributions, and the overall value of the account.
Daily Compound Interest Calculator Excel Sheet Download
See the new Simple Investment Tracker spreadsheet if you would like a way to track multiple investment accounts in the same spreadsheet.
Update 11/16/2018: I updated the labels and comments for the Employer Match section so it is more clear how to specify the limit on the employer match.
Compounding Interest Calculator Excel Download Software
More Retirement and Savings Calculators
- Savings Interest Calculator - www.vertex42.com - Similar to the 401k Calculator, but it gives you more flexibility to include extra regular or annual deposits.
- Retirement Savings Calculator - www.vertex42.com - Basic savings calculator, but also includes option to select random annual rates.
401k Resources
- 401(k) at wikipedia.com
- IRS 401(k) Basics at www.irs.gov
- Online 401k Calculator at Bloomberg.com - Creates a nice printable report.
Disclaimer: This spreadsheet and the information on this page is for illustrative and educational purposes only. We do not guarantee the results or the applicability to your unique financial situation. You should seek the advice of qualified professionals regarding financial decisions.