How does saved money build up?  This model assumes equal deposit amounts to a savings plan, at regualr intervals, over a period of time.  Enter the required data in the highlighted fields.  The model will then calculate the interest earned and give you a total balance in the account at the end of the time period you have chosen.  It will also show your savings progress on a graph. 

The "printer friendly" page will also show the balance in your account after each payment.

starting balance in savings account
interest rate (4.5% per year is entered as 4.5)
starting date (xx/xx/xxxx)
ending date (xx/xx/xxxx)
deposits are made weekly, monthly, yearly?	weekly monthly yearly
deposit amount
number of deposits
total of deposits
total interest earned
total balance at ending date