POSTED BY January 7, 2015 7:17 pm COMMENTS (2)
ONHi,
I am planning the finances for my childrens education. If I require Rs. x (say 5,00,000) in current times, How can I calculate what will be its equivalent amount after y Years (say 15 years) considering the inflation and other factors.
Regards,
James
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i guess it will be between 70 lakhs to 1 crore
use ‘FV’ function in excel