- Initial deposit amount
- Total amount of your current investments or savings.
- Start date
- The date when you started deposit payment. Future value will be calculated for the value of this date.
- End date
- The future date for which future value should be calculated.
- Periodic deposit (withdrawal)
- Amount of money that you are expecting to contribute to the account till the ‘End Date’.
- Deposit frequency
- This illustrates how frequently you will make deposits. You can make deposits either weekly, bi-weekly, monthly, quarterly, semi-annually, or annually.
- Rate of return
- This is the rate of return you are expecting to earn from the deposit savings. This should represent the rate of return offered on other available investments and deposits. But this stated rate is only your expectations and the type of investment you choose has an effect on the actual rate of return.
- Compounding method
- Choose how frequently the earnings will be compounded. Your earnings may compound weekly, bi-weekly, monthly, quarterly, semi-annually, or annually.
- Deposits at beginning
- If you check this box, the calculator will assume that you will make all your deposits or withdrawals at the beginning of your chosen period.