How to calculate future value of investment using excel or calculator if any:
initial investment say as on today + yearly lumpsum contribution may be in any month say when sensex is down by 1000 points on any day in year....
for eg.
initial investment - 100000
every year contribution of indifferent amount say 50000 in year 1
55000 in year 2
33000 in year 3 and so on for say 20 years...
how to calculate future value in this case assuming return @15% at the end of 20 years?
1 Answers
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