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2/1 | iPhone App Giveaway: Compound Interest Calculator

A company contacted me to see if I wanted six free coupon codes for their compound interest calculator iPhone app. It seemed like a win-win, they get publicity and readers get some free stuff. Also, I could actually try it out since I have an iPod Touch. (I got nothing else.) If you have iTunes, read about the app here.

Quickie Review
The calculator does what it says, it calculates compound interest for you based on your inputs of starting amounts, additional deposits, time, interest rates, and compounding frequency. You can find out how much you’ll save by putting away $50 a month for 20 years, or make sure your online savings account is paying you the right amount of interest.

Honestly, I thought that something like this would be free, as you can find something equivalent for free on the internet at hundreds of sites. However, I know it does take time and effort to make a pleasant-looking and bug-free iPhone app. It does have that iPhone “slick” feel. Some pretty graphs would have made it a more complete package.

The retail cost is $2.99. I would never pay that much money for this, but then again I’ve never paid for any iPhone/iPod Touch app so far. I looked, and there was no equivalent app that was free. There were a few for 99 cents that were close but still lacked a few of the features on this app.

Giveaway
If this sounds interesting to you, just leave a comment with a valid e-mail below by Noon Pacific on February 2nd. Name not necessary. I’ll randomly pick 6 winners to get a promo code that will let you download it from the Apple App Store for free.

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