RATE OF RETURN CALCULATOR (FOR A SPECIFIC FINANCIAL GOAL)

Rate of Return Calculator (for a specific financial goal)

Rate of return on an investment is defined as the ratio of money gained or lost relative to the amount of money invested. It is a measure of investment profitability. This calculator helps you calculate the rate of return given starting balance, saving goal, monthly saving and number of months.

Assumptions:

• The rate of return is compounded annually
• Deposits are made monthly

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