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Jun 5, 2023 · Imagine that you have $200,000 in your money market account and decided to put extra $1,000 each month. Your expected return is 0.5%. In just two years of such investment, the money market account calculator will present you the result of $226,135.01 - that is the value of your portfolio.
Use the free savings calculator below to understand how your money can grow over time. When you put money in a savings account, the interest you earn builds on itself. First, run the...
To use our money market account calculator, simply input your initial deposit amount and the estimated annual percentage yield (APY). You will also have the option to select the time frame you wish to calculate the interest earnings along with any additional monthly contributions you plan on making.
Money Market Account Calculator. Estimate the interest earned on a lump sum investment into a money market account using this calculator. In addition to displaying nominal returns, you can also calculate the impacts of income taxes and inflation on your nominal and real returns. Current market rates are shown directly under the calculator.
Money market accounts often earn higher interest than traditional savings accounts, making them a strong contender for smart savers. Use this calculator to see the difference for yourself. Try changing your deposit amount and deposit frequency if you want to save faster.
Money Market Account Calculator. Pages within: Savings Calculators. See what a higher interest rate could do for you. Crunch the numbers to see how a money market account can help you save. See how your balance and APY can result in bigger earnings. Money Market Account Calculator.
This money market account (MMA) calculator lets you work out the compound interest you will earn on your money market account based on how much you deposit to start with, how long you've had the account, the interest rate on the account, and the amount you periodically deposit.
