Finance Calculators

Savings Calculator – Plan Your Savings Growth

Calculate how your regular savings will grow over time. See the future value of your savings with interest and regular contributions.

Initial Deposit

৳

Monthly Contribution

৳

Annual Interest Rate (%)

Time Period (Years)

Total Contributions৳0.00

Interest Earned৳0.00

Future Value৳0.00

Savings Calculator Formula

FV = P×(1+r)^n + PMT×((1+r)^n − 1)/r

Where:

- FV = Future Value

- P = Initial deposit

- PMT = Monthly contribution

- r = Monthly interest rate

- n = Total months

Initial: ৳117,000.00, Monthly: ৳23,400.00, Rate: 5%, Time: 10 years

Total Contributions: ৳2,925,000.00

Interest Earned: ৳830,115.00

Future Value: ৳3,755,115.00

How much should I save each month?

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