Compound interest calculator by moneyland.ch: Useful information
- The leading Swiss compound interest calculator bases results on the initial deposit or investment amount, regular additional deposits, the frequency and timing of subsequent deposits (in advance or arrears), the time frame and the interest rate.
- Negative interest rates can also be used.
- Similar calculators: Daily interest calculator, savings calculator.
- Learn more about the compound interest effect here.
- The “German” interest calculation method (30E/360 ISDA) is used. This method uses a 30-day month and a 360-day year. In Switzerland, this method is applied to investments like bonds and deposits held in savings accounts.
- Data entered is not rounded off, so the exact interest rate is calculated for each year in a term. Final results and total interest are rounded to the nearest 5 centimes.