- Enter Present Value of goal, number of years remain, rate of return and inflation
- Gives Future value of goal, monthly investment required or lump sum investment.
- Setting for Currency Symbol, Default Rate of Return and Inflation
Present Value: 8, 00,000
Number of Years remain: 15 Years
Rate of Return (%): 12
Inflation (%): 7
Future Value: 22, 07,225
Monthly Investment: 4,374
Lump sum Investment: 4, 03,252
Suppose you want to plan for your Child education which costs 8, 00,000 today. The Number of Years remain is 15 years and the inflation you expect is 7% and you expect 12% return from your investments. In that case future value is 22, 07,225 and to achieve that future value you need to invest 4,374 per month or lump sum invest 4, 03,252.
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