Short-Term Investment Return Calculator
Estimate the potential return on your short-term investments (GICs, HISAs, Money Market Funds, T-Bills) over a specific period. Compare different investment types and interest rates to make informed decisions.
Calculate Your Investment Returns
Enter your investment details in the form to see your projected returns and growth over time.
How to Use This Calculator
Step 1: Enter Investment Amount
Enter the amount of money you plan to invest. This is your principal amount that will earn interest over the investment term.
Step 2: Select Investment Type
Choose from GIC (Guaranteed Investment Certificate), HISA (High Interest Savings Account), Money Market Fund, T-Bills (Treasury Bills), or Other. Each type has different characteristics and risk levels.
Step 3: Set Term Length
Enter how long you plan to invest the money. You can specify this in months or years. Longer terms typically offer higher interest rates but less liquidity.
Step 4: Enter Interest Rate
Input the annual interest rate offered by your investment. This should be the rate advertised by the financial institution (e.g., 4.5% for a GIC).
Step 5: Choose Compounding Frequency
Select how often interest compounds: Simple Interest (no compounding), Annually, Quarterly, Monthly, or Daily. More frequent compounding results in higher returns.
Understanding the Results
Total Return: The total interest earned over the investment period.
Final Value: Your principal plus all interest earned (the total amount you'll receive).
Effective Annual Rate: The actual annual return when compounding is considered.
The graph shows how your investment grows over time, and the breakdown table shows period-by-period interest accumulation.
⚠️ Important Disclaimer
This calculator provides estimates for educational purposes. Actual returns may vary based on market conditions, fees, and specific terms of your investment. Always review the terms and conditions of your investment product and consult with a financial advisor for personalized advice.