Money Calculator
Calculate how different amounts of money can grow or change over time based on various inputs.
function calculateMoney() {
const initialAmount = parseFloat(document.getElementById(‘initialAmount’).value);
const interestRate = parseFloat(document.getElementById(‘interestRate’).value) / 100;
const timePeriod = parseFloat(document.getElementById(‘timePeriod’).value);
if (isNaN(initialAmount) || isNaN(interestRate) || isNaN(timePeriod)) {
alert(‘Please enter valid values.’);
return;
}
const finalAmount = initialAmount * Math.pow(1 + interestRate, timePeriod);
document.getElementById(‘finalAmount’).value = finalAmount.toFixed(2);
const details = `
Initial Amount: $${initialAmount}
Interest Rate: ${interestRate * 100}%
Time Period: ${timePeriod} years
Final Amount: $${finalAmount.toFixed(2)}
`;
document.getElementById(‘details’).innerHTML = details;
document.getElementById(‘calculationDetails’).style.display = ‘block’;
}
