An investment calculator[5] has a formula box with places to input information and a Calculate button at the bottom. You’ll have to provide the following details to use a traditional investment return calculator (ROI calculator):
- The amount of investment
- The investment period
- Amount that will returned
Once the figures are entered in their designated boxes, all you need to do is click on the Calculate button. Formulating the available information, the investment estimator will automatically calculate the returns, based on which the future value of the investment can be achieved. Suppose Mr. A makes an investment of Rs. 50,000 for 10 years at 6% returns. Once he enters the figures and clicks the Calculate button, he can figure out how much his initial investment will grow after 10 years.
However, there are various other types of investment calculators[2] that may need a couple of extra pieces of information, like monthly investment figures, compounding frequency, etc., and other specific information related to the nature of the investment.