Money Market Account Calculator
How to Use This Calculator
Enter Initial Deposit
Input the amount you plan to deposit initially into your money market account.
Set Interest Rate
Enter your account’s annual interest rate (APY) as provided by your bank.
Select Time Period
Choose how many years you plan to keep your money in the account.
Add Monthly Contributions (Optional)
If you plan to make regular deposits, enter the monthly amount here.
Choose Compounding
Select how often your interest compounds (monthly, quarterly, or annually).
Calculate & View Results
Click the calculate button to see your projected balance and interest earned.
Projected Results
Key Features
Accurate Projections
Get precise calculations based on compound interest formulas used by financial institutions.
Flexible Contributions
Include optional monthly deposits to see how regular savings can grow your balance.
Custom Timeframes
Calculate for any period from 1 year to several decades of growth.
Mobile Friendly
Works perfectly on all devices – smartphones, tablets, and desktop computers.
Multiple Compounding
Compare different compounding frequencies (monthly, quarterly, annually).
Visual Results
See your growth broken down in an easy-to-understand chart visualization.
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This calculator is for educational purposes only. It does not promote interest-based finance. We recommend exploring Shariah-compliant alternatives.
