DubCen

Save Some Amount

Result
Waiting for Input!
Description

Find how long it will take you to save some desired amount

The following formula has been used:
n = - (LN(1-(B/m)*(r/q)))/LN(1+(r/q))
Where:

  • q = amount of annual payment periods
  • r = interest rate
  • B = principal
  • m = payment amount
  • n = amount payment periods
  • LN = natural logarithm

History