Savings Goal Calculator
Results
Required Monthly Contribution
$706.79
| Target Amount | $50,000.00 |
|---|---|
| Initial Deposit | $1,000.00 |
| Years to Save | 5 |
| Annual Interest Rate | 5.50% |
| Compound Frequency | Monthly |
| Total Contributions | $43,407.42 |
| Total Interest Earned | $6,592.58 |
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