Compound Interest Calculator

Our compound interest calculator is far better than the conventional alternatives. The calculator is designed for those who are unfamiliar with GIC's so based on the user's yearly income they are given a suggested principal investment to help guide them. It will give the user the most probable and most fair investment plans to create maximum profit over time, specifically suited to their yearly income. In addition to this, our calculator can also predict an interest rate that the user will receive based on the duration of the investment, as well as the principal investment. Our interest rates are realistically compared to the interest rates commonly used by Canadian banks.

Here is a link to our Python code for the calculator on GitHub:

https://github.com/devonkisob/NSBE-Hacks-Project

Here is the video on how our calculator works.

https://youtu.be/nBZgr9Ui_J8

In the future we plan on implementing the option for the user to choose a more desirable final amount of profit if they wish, and then isolating the remaining variables, being time elapsed during investment and primary investment value, so that the user can choose which one to change in order to adapt to their desire final profit amount, after the duration of their investment has been completed. We also plan on creating a small loan program using a similar compound interest calculation code, except with lower rates, keeping the yearly income of the user in mind.