DANIEL J. JOHNSTON, Certified Public Accountant
614 SW Dorion Avenue
Pendleton, OR 97801-2037
(541) 276-2272
Fax: (541) 276-2282
E-mail: [email protected]






Discover the magic of compounding!

If you could have one of the following as your pay for thirty days' work, which would you choose? (A) $10,000, or (B) a penny the first day, two cents the second day, four cents the third day, eight cents the fourth day, and so on, with each day doubling on out to thirty days.

The $10,000 sounds very attractive, but the fact is that the penny doubled each day for thirty days adds up to over five million dollars. Of course, that is 100% interest compounded daily, a rate not available to most of us working folk. Nevertheless, this example shows you the power of compounding on your investment earnings.

Here are some easy-to-use calculators.

You can get rough answers to your financial questions by using the following calculators and making a few estimates on your part. If we can be of assistance or answer questions for you, please call us.

Loan & Mortgage Calculators
Loan Calculator How do you calculate loan repayment?
Loan Comparison Calculator What payment is needed for different loan amounts or different interest rates?
Loan Prepayment Calculator — How do you calculate prepaying a loan, paying off credit card balances, etc?
Home Purchase CalculatorHow much house can you afford?
Mortgage Calculator —What will your mortgage payment be?
Mortgage or Investments Calculator Should you prepay your mortgage or invest the extra money?
Mortgage Interest Calculator — What is the actual interest rate on a mortgage?
Retirement Calculators
Retirement Calculator How much must you save each month for your retirement?
IRA Calculator What will your Individual Retirement Account (IRA) be worth when you get ready to start drawing on it?
Roth IRA Calculator How does a Roth IRA compare to a traditional IRA?

Savings Calculators

College Funding Calculator — Do you know how much you need to set aside to fund a college education for your child?
Savings Calculator What will your savings grow to?