使用方法
- Enter your target amount, current savings, monthly contribution, and annual interest rate。
- Read the 'Months to reach goal' result, which uses monthly compound interest。
- Adjust any input to see how adding $50 more per month or a higher rate changes the timeline。
範例
- Target 10,000, current savings 1,000, monthly 300, annual rate 3% shows approximately 28 months to reach the goal。
- Increasing the monthly contribution to 500 with the same inputs reduces the months required noticeably。