interest table, and matching contributions

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interest table, and matching contributions Empty interest table, and matching contributions

Post  kc on Mon Sep 19, 2011 10:46 pm


I just started using your software and it looks good so far! I have a couple suggestions

1. I would like to teach my children the value of compounded interest, so I have set up a bank to pay 4% monthly interest for example. It would be nice if there was a button
they can click on a bank to show a table of the projected balance over the next some number of interest pay periods, so they can graphically see how the savings will grow over time.

2. to encourage more savings, would it be possible to setup certain banks with "matching" deposits, like a 5% "daddy match bonus" for any deposit. I'm not sure how to prevent kids
from abusing this if they keep transferring money back and forth; may need a way to lock banks to deposit only. Kinda like 401K programs.



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