Start Early Example.xlsx

	A	B	C	D	E	G	H	J	K	L
1	Savings Interest Calculator (© www.niofe.org)
2
3	Savings Variables
4
5			Length of Investment		40	Initial Investment		0
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7					Annual Tax Rate			Annual Earnings Rates
8			Tax Calculations		Disabled	Annual Earnings Rate		8.00%
9				Income Tax	0%		Interest Rate	Fixed
10							Min Rate	-5.00%
11					Scheduled Deposits		Max Rate	15.00%
12			Deposit Amount (DA)		350		Average Rate	8.00%
13			Deposit Frequency (DF)		Monthly		Press F9 to Recalculate
14		Additional Annual Deposits			0	Interest Compounded		Daily
15
16	Savings Growth Summary
17
18		TOTAL				Future Value of Your Savings
19
20		Invested:		168,000.00		Value after 40 years:		1,231,030
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22		Withdrawn:		0.00
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24
25	Savings Chart
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46					Contributions			Cumulative
47	Year	Rate	Interest	Tax	Scheduled Deposits	Add. Annual Deposits or Withdrawals	Balance	Deposits	Interest	Tax
48
49					0		0	0
50	1	8.00%	158.0	0.0	4,200.0		4,358.0	4,200.0	158.0	0.0
51	2	8.00%	520.9	0.0	4,200.0		9,078.9	8,400.0	678.9	0.0
52	3	8.00%	914.1	0.0	4,200.0		14,193.0	12,600.0	1,593.0	0.0
53	4	8.00%	1,340.0	0.0	4,200.0		19,732.9	16,800.0	2,932.9	0.0
54	5	8.00%	1,801.3	0.0	4,200.0		25,734.2	21,000.0	4,734.2	0.0
55	6	8.00%	2,301.1	0.0	4,200.0		32,235.3	25,200.0	7,035.3	0.0
56	7	8.00%	2,842.5	0.0	4,200.0		39,277.8	29,400.0	9,877.8	0.0
57	8	8.00%	3,429.0	0.0	4,200.0		46,906.7	33,600.0	13,306.7	0.0
58	9	8.00%	4,064.3	0.0	4,200.0		55,171.0	37,800.0	17,371.0	0.0
59	10	8.00%	4,752.5	0.0	4,200.0		64,123.5	42,000.0	22,123.5	0.0
60	11	8.00%	5,498.0	0.0	4,200.0		73,821.6	46,200.0	27,621.6	0.0
61	12	8.00%	6,305.7	0.0	4,200.0		84,327.2	50,400.0	33,927.2	0.0
62	13	8.00%	7,180.6	0.0	4,200.0		95,707.8	54,600.0	41,107.8	0.0
63	14	8.00%	8,128.3	0.0	4,200.0		108,036.1	58,800.0	49,236.1	0.0
64	15	8.00%	9,155.0	0.0	4,200.0		121,391.1	63,000.0	58,391.1	0.0
65	16	8.00%	10,267.1	0.0	4,200.0		135,858.2	67,200.0	68,658.2	0.0
66	17	8.00%	11,471.9	0.0	4,200.0		151,530.2	71,400.0	80,130.2	0.0
67	18	8.00%	12,777.1	0.0	4,200.0		168,507.2	75,600.0	92,907.2	0.0
68	19	8.00%	14,190.9	0.0	4,200.0		186,898.1	79,800.0	107,098.1	0.0
69	20	8.00%	15,722.4	0.0	4,200.0		206,820.5	84,000.0	122,820.5	0.0
70	21	8.00%	17,381.5	0.0	4,200.0		228,402.0	88,200.0	140,202.0	0.0
71	22	8.00%	19,178.8	0.0	4,200.0		251,780.8	92,400.0	159,380.8	0.0
72	23	8.00%	21,125.7	0.0	4,200.0		277,106.4	96,600.0	180,506.4	0.0
73	24	8.00%	23,234.7	0.0	4,200.0		304,541.2	100,800.0	203,741.2	0.0
74	25	8.00%	25,519.4	0.0	4,200.0		334,260.6	105,000.0	229,260.6	0.0
75	26	8.00%	27,994.4	0.0	4,200.0		366,455.0	109,200.0	257,255.0	0.0
76	27	8.00%	30,675.5	0.0	4,200.0		401,330.5	113,400.0	287,930.5	0.0
77	28	8.00%	33,579.8	0.0	4,200.0		439,110.3	117,600.0	321,510.3	0.0
78	29	8.00%	36,726.0	0.0	4,200.0		480,036.4	121,800.0	358,236.4	0.0
79	30	8.00%	40,134.3	0.0	4,200.0		524,370.6	126,000.0	398,370.6	0.0
80	31	8.00%	43,826.3	0.0	4,200.0		572,396.9	130,200.0	442,196.9	0.0
81	32	8.00%	47,825.8	0.0	4,200.0		624,422.8	134,400.0	490,022.8	0.0
82	33	8.00%	52,158.4	0.0	4,200.0		680,781.2	138,600.0	542,181.2	0.0
83	34	8.00%	56,851.8	0.0	4,200.0		741,833.0	142,800.0	599,033.0	0.0
84	35	8.00%	61,936.0	0.0	4,200.0		807,969.0	147,000.0	660,969.0	0.0
85	36	8.00%	67,443.7	0.0	4,200.0		879,612.7	151,200.0	728,412.7	0.0
86	37	8.00%	73,410.0	0.0	4,200.0		957,222.7	155,400.0	801,822.7	0.0
87	38	8.00%	79,873.2	0.0	4,200.0		1,041,295.9	159,600.0	881,695.9	0.0
88	39	8.00%	86,874.6	0.0	4,200.0		1,132,370.5	163,800.0	968,570.5	0.0
89	40	8.00%	94,459.1	0.0	4,200.0		1,231,029.5	168,000.0	1,063,029.5	0.0
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