A compound interest calculator web app where users can find out how much interest they've earned as well as their total amount of money after inputting their principal amount, the interest rate (APR), number of times compounded per year, and how many years it has been.
Inputs:
- Principal: initial amount of money
- Interest: APR
- Number of times compounded per year: daily (365), monthly (12), quarterly (4), and yearly (1)
- Total years: how many years the principal has been incurring interest
Outputs:
- Compound Interest: how much interest has been accumulated (does not including the principal) Total Amount: the total amount of money; includes the principal and the compound interest earned
Developed by Milka Zekarias for CMSI 2021 using CodeSandbox and can be found here (hosted on GitHub): https://milkazek.github.io/Compound_Interest_Calculator/