savings_goal
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Enter values and click Calculate to see results.
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How to Use the Savings Goal Calculator
- Enter your initial savings amount
- Specify the savings term in years
- Input your savings goal
- Enter the expected annual interest rate as a percentage
- Choose the frequency of contributions (e.g., 12 for monthly)
- Click "Calculate" to see the results
This calculator helps you determine how much you need to save regularly to reach your savings goal. It takes into account your initial savings, the time frame, and the expected interest rate to provide you with a savings plan.