Investment Calculator
Your investment will be worth ₹ after years.
Online Investment Calculator Free Tool
About: With the help of “Online Investment Calculator Free Tool” you can determine how much the money you invest will grow over the period of time. This calculator is a very useful tool, which shows the estimated returns you will get after the investment tenure. This tool calculates the return on your monthly investments based on an annual interest rate and the value you will get of your investment after a certain number of years in future.
Advantages of Online Investment Calculator:
- Fast results
- Free of Cost
- Hassle free calculations
- Easy to use and understand
- Keep you well informed about your investment
Variables of Investment Calculator:
Initial Investment: This amount is also called the principal amount. This is the starting amount which you are putting into investment.
Monthly Contribution: The amount you will contribute monthly.
Annual Interest Rate: The annual interest rate on invested money.
Number of Years: For how many number of years you will invest.
Mathematical Formula for investment calculations:
Online Investment Calculator works on the formula given below:
M = P × ({[1 + r]^n – 1} / r) × (1 + r).
In the above given formula:
M is the amount you receive upon maturity.
P is the amount contributed monthly.
n is the number of years
r is the annual interest rate
For Example: If you invest ₹1,000 per month for 12 months at rate of interest of 12% with zero initial value.
then the monthly rate of return will be 12%/12 = 1/100=0.01
M = 1,000X ({[1 +0.01 ]^{12} – 1} / 0.01) x (1 + 0.01) , which gives ₹ 12809.33 after 1 years.
r is 0.01 expected rate of return is 12% per annum, which means 1% per month.
How Online Investment Calculator Free Tool works?
- First enter all the variables like Initial Investment, Monthly Contribution, Annual Interest Rate and Number of Years.
- Then click on “Calculate” Button.
- It will show output like: Your investment will be worth ₹ 12809.33 after 1 years.
As Shown in the picture: