| This calculator will compute how long it will
take you to reach your desired savings goal, based on three factors: the amount you
currently have set aside, the amount you can add to your savings each month and the annual
interest rate you expect to earn. Instructions: To calculate the how long it
will take to reach your savings goal, enter the beginning balance, your savings goal, the
monthly dollar amount you plan to deposit and the interest rate you expect to earn, then
click the "compute" button. Note that this calculator is based on monthly
compounding.
Note: When entering numbers into the data fields only use numbers and applicable
decimal points. Entering commas, dollar signs, or any other non-numeric characters will
cause an error. Also please note that this calculator has been tested to work with
Internet Explorer 3.01 and Netscape Navigator 3.01 web browsers. However, both must have
the JavaScript option turned on.
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