How to Calculate future worth of my children education expenses ?

POSTED BY stanfranko2009 ON January 7, 2015 7:17 pm COMMENTS (2)

Hi,

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

2 replies on this article “How to Calculate future worth of my children education expenses ?”

  1. krishna says:

    i guess it will be between 70 lakhs to 1 crore

  2. Hemanth says:

    use ‘FV’ function in excel

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