This is simple savings calculator with three parameters to enter:
Interest type - select Simple or Compound interest
Deposit - you initial $ amount you wish to deposit into your savings account.
Years of savings - number of years for how long you'll keep money in this account.
Interest rate - what is interest rate % you expect to get
* - interest is compounded yearly.
This savings calculator also can be used as GIC calculator to check expected interest grow in your GIC account.