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How it works
Uses nominal annual return divided by 12. Deposits occur at the end of each month and interest compounds monthly.
KEY FORMULAFV = P(1 + r)ⁿ + A × ((1 + r)ⁿ − 1) / r; r = annual rate / 12.
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Worked example
Starting with 1,000, adding 100 monthly at 12% nominal annually for one year yields approximately 2,395.08.
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Before using this result
Returns are not guaranteed. Excludes inflation, taxes, fees and potential losses.
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Informational simulation. Verify real-world conditions before making decisions.
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Frequently asked questions
Are returns guaranteed? +
No. This is a hypothetical fixed-rate simulation.