Budget :: Calculator

Budget Help

Calculators

The Budget program provides a standard calculator and a savings calculator to help you determine how much money you can save. To show the calculators, use Tools > Savings Calculator. The standard calculator works the same as any basic calculator. The savings calculator is described here.

Enter or change any of the fields to determine the final amount. The STARTING AMOUNT is your current balance. The ADDED MONTHLY is the amount you are putting in each month. The INTEREST RATE is amount of interest from the bank you are getting on the amount and is entered as a percent (i.e 5.25 is 5 and 1/4 percent). The INFLATION RATE is your estimate of how well the economy is doing and is also entered as a percent. The NUMBER OF MONTHS is how long you want to be saving.

Any number except the NUMBER OF MONTHS can be zero. The NUMBER OF MONTHS must be at least one.

Interest calculation is compounded monthly, and the inflation factor is computed yearly.

Note: You can select an envelope or envelope group before starting the calculator to use the amounts defined in that envelope. The balance of the envelope will be placed in the STARTING AMOUNT field and the amount allocated monthly to the envelope will be placed in the ADDED MONTHLY field.

Standard Calculator Keypad Equivalents

Clear - Clear
+ - Add
- - Subtract
* - Multiply
/ - Divide
. - Decimal
0 - Zero
1 - One
2 - Two
3 - Three
4 - Four
5 - Five
6 - Six
7 - Seven
8 - Eight
9 - Nine

Standard Calculator Extended Key Equivalents

c - Clear Accumulator
C - Clear Memory
% - Percent
s - Sign Change
r - Memory Recall
p - Memory Plus
m - Memory Minus