Lumpsum Calculator
Summary
| Invested Amount | ₹0 |
|---|---|
| Est. Returns | ₹0 |
| Total Value | ₹0 |
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Investsphere Wealth lumpsum calculator is a financial tool used to calculate the future value of a lump sum investment based on certain input parameters. It helps individuals estimate how their investments will grow over time. LM Wealth Lumpsum calculator is free, user-friendly and provide quick and accurate estimates of future investment growth based on the input parameters provided.
How to use LM Wealth lumpsum calculator?
Here’s how you can use a lump sum calculator:
Input Parameters:
1. Lumpsum Investment Amount: Enter the amount of money you plan to invest initially.
2. Annual Interest Rate: Input the expected rate of return on your investment, expressed as a percentage.
3. Investment Duration: Specify the number of years you intend to hold the investment.
Calculation:
The calculator uses the compound interest formula to compute the future value of the investment.
The formula is:
Future Value (FV) = P × (1 + r)^n
Where:
FV is the future value of the investment.
P is the initial investment amount.
r is the annual interest rate (expressed as a decimal).
n is the number of years the investment is held.