calcy treasure chest of featuresLove the calculators but not the ads?

Take a sneak peek at the Ad-Free Design being enjoyed by hundreds of members for less than 25¢ a week. Full details and a bonus!

Money Market Account Calculator for Money Market Deposit Accounts

Calculator Preferences
Money Market Account Calculator Sign
Money Market Account Calculator

This calculator will calculate the compound interest earnings on money market deposit accounts given the interest rate, length of time, initial deposit, and periodic deposit amount -- plus display a year-to-year investment growth chart. The Learn tab includes brief answers to:

  • What is a money market account?
  • What are money market accounts best suited for?
Learn More

Selected Data Record:

A Data Record is a set of calculator entries that are stored in your web browser's Local Storage. If a Data Record is currently selected in the "Data" tab, this line will list the name you gave to that data record. If no data record is selected, or you have no entries stored for this calculator, the line will display "None".

DataData recordData recordSelected data record: None
Start balance:Starting balance:Starting account balance:Starting money market account balance:

Starting money market account balance:

Enter the current balance of your money market account, or the initial deposit that is not part of the periodic deposits. This field is optional as long as you enter a periodic deposit amount. The money market account calculator will need either a starting amount, a periodic deposit, or a combination of both, in order to calculate the interest earnings.

Rate:Interest rate:Account interest rate:Money market account interest rate:

Money market account interest rate:

Enter the annual interest rate you expect the money market account to earn. Enter as a percentage but without the percent sign (for .02 or 2%, enter 2).

# ofNumber ofNumber of

Anticipated rate of return:

Enter the number of selected periods (month or years) you would like the money market account calculator to calculate interest for. Enter integers only (no decimal points). If you would like to calculate interest for partial years, select Months and enter the total months (example: for 5-1/2 years, enter 66 months).

MMA deposit amount:MMA deposit amount:MMA deposit amount:MMA deposit amount:

MMA deposit amount:

Enter the periodic deposit amount for the selected deposit interval.

MMA FV:MMA future value:Future value of MMA:Future value of MMA:

Future value of MMA:

Based on your entries, this how much your money market account will have grown to for the number of entered months or years.

Total deposits:Total MMA deposits:Total MMA deposits:Total MMA deposits:

Total MMA deposits:

Based on your entries, this is the total of your beginning deposit or balance, plus all periodic deposits for the entered number of months or years.

Interest:Interest earned:Interest earned on MMA:Interest earned on MMA:

Interest earned on MMA:

Based on your entries, this is the total interest you will earn on your money market account for the entered number of months or years.

If you would like to save the current entries to the secure database, tap or click on the Data tab, select "New Data Record", give the data record a name, then tap or click the Save button. To save changes to previously saved entries, simply tap the Save button. Please select and "Clear" any data records you no longer need.

Feedback AppreciatedFeedback Greatly AppreciatedYour Feedback Would Be Greatly AppreciatedYour Feedback Is Greatly Appreciated
Heading

Tip

Help and Tools

Help and Tools:

This section, which you can Unstick or Hide in the Calculator Preferences (just above the top of the calculator), contains the following tabs (content too long to fit within bordered frame can be scrolled up and down):

About: Click this tab for an introduction to the calculator.

Instructions: Click this tab for step-by-step instructions for using the calculator.

Terms: Click this tab for a list of the descriptions that are located within each popup help button (info icons).

PCalc: Click this tab for a handy "pocket" calculator you can use when you need to calculate an entry needed for the calculator.

Data: Click this tab to save a set of entries or a note in between visits. Entries and notes will be stored to your web browser's local storage (if supported by your browser of choice), meaning they can only be recalled with the same device and web browser you were using when you saved them. If you'd like to save entries and notes between devices you can do so by subscribing to the Ad-Free Member Version.

 

Favorites

Add or remove this page to/from my favorites.

Adjust Calculator Width:

Move the slider to left and right to adjust the calculator width. Note that the Help and Tools panel will be hidden when the calculator is too wide to fit both on the screen. Moving the slider to the left will bring the instructions and tools panel back into view.

Also note that some calculators will reformat to accommodate the screen size as you make the calculator wider or narrower. If the calculator is narrow, columns of entry rows will be converted to a vertical entry form, whereas a wider calculator will display columns of entry rows, and the entry fields will be smaller in size ... since they will not need to be "thumb friendly".

Show/Hide Popup Keypads:

Select Show or Hide to show or hide the popup keypad icons located next to numeric entry fields. These are generally only needed for mobile devices that don't have decimal points in their numeric keypads. So if you are on a desktop, you may find the calculator to be more user-friendly and less cluttered without them.

Stick/Unstick Tools:

Select Stick or Unstick to stick or unstick the help and tools panel. Selecting "Stick" will keep the panel in view while scrolling the calculator vertically. If you find that annoying, select "Unstick" to keep the panel in a stationary position.

If the tools panel becomes "Unstuck" on its own, try clicking "Unstick" and then "Stick" to re-stick the panel.