An Investment Growth Calculator with a visual chart can be an excellent tool to help users understand the potential growth of their investments over time. This app will allow users to enter an initial investment amount, monthly contributions, an expected annual return rate, and an investment period. The app will calculate the projected growth of the investment and display the results with a chart to visualize the growth over time.
Investment Growth Calculator
How It Works
- Enter Investment Details: Users input their initial investment, monthly contribution, expected annual return rate, and investment period in years.
- Calculate Growth: When the user clicks “Calculate Growth,” the tool:
- Calculates the projected investment value over time, with monthly compounding.
- Stores the monthly balances in an array for visualization.
- Display Results: The final projected investment value is displayed along with a line chart that shows the growth of the investment over the period.