A savings account calculator can be a helpful tool to teach childrens savings principles. Our custom savings account calculator will compute how long it will take your child to reach his or her desired savings goal, based on three factors: the amount your child currently has set aside, the amount your child can add to savings each month and the annual interest rate.
Click Here: Savings Account Calculator
To calculate the how long it will take for your child to reach a savings goal, enter the beginning balance, the savings goal, the monthly dollar amount your child plans to deposit and the interest rate expected to earn, then click the “compute” button. Note that this calculator is based on monthly compounding.
