Money Saving Calculator with increasing amount to save
This page provides a calculator to save an amount of money you desire based on the amount of days/weeks/months/years you set to save this amount but instead of saving the same amount every period of time, the amount of money to save increases every time period. For example, let's say you need to save $600 in 4 weeks. So the first week you need to save $60, the second $120, $180 and $240 for the third and forth week respectively. Therefore you saved a total of $600 at the end of the period you wanted. The formula to calculate how much money you have to increase every time period is set by the formula: I=( 2 * T ) / ( t * (t+1) ) Where I is the amount to increase every time period t. T is the total amount of money you want to save. For the previous example, I = $60. T = $600. t = 4. Total amount to save (T) Number of periods (t) Click to Generate tab...