compound_interest_calculator 1.0.0

A simple compound interest calculator. Allows you to calculate future value, interest rate, principal, required contribution, and time periods.

Compound Interest Calculator Functions

This package allows you to easily perform financial computations related to compound interest. This package will help you determine future value, principle value, interest rates, compounding periods, and additional contributions.

Usage

  double principal = 15;
  double contributions = 15000;
  double interestRate = 0.08;
  double compoundingsPerYear = 1;
  double years = 30;
  // 1699248.17
  double fv = CompoundInterest.futureValue(
      contribution: contributions,
      interestRate: interestRate,
      compoundsPerPeriod: compoundingsPerYear,
      periods: years);

  // 15000
  double contributionsRequired = CompoundInterest.contributions(
      compoundsPerPeriod: compoundingsPerYear,
      futureValue: fv,
      interestRate: interestRate,
      periods: years,
      principal: 0);

  // 0.07998
  double overallRate = CompoundInterest.interestRate(
      contributions: contributions,
      futureValue: fv,
      compoundsPerPeriod: compoundingsPerYear,
      periods: years);


  double fvWithPrincipal = CompoundInterest.futureValue(
      compoundsPerPeriod: compoundingsPerYear,
      contribution: contributions,
      interestRate: interestRate,
      periods: years,
      principal: principal);

  // 15
  double calculatedPrincipal = CompoundInterest.principal(
      compoundsPerPeriod: compoundingsPerYear,
      contribution: contributions,
      futureValue: fvWithPrincipal,
      interestRate: interestRate,
      periods: years);

  // 30
  double calculatedPeriods = CompoundInterest.periods(
      compoundsPerPeriod: compoundingsPerYear,
      contribution: contributions,
      futureValue: fv,
      interestRate: interestRate);