Amount of deposit per period(PMT) Rs.

30,000
No.of periods (NPER) years 30
Interest rate (RATE) p.a. 8%
Accumulated amount (FV) Rs. 3,398,496
Formula used =FV(B3,B2,-B1)
Future value(Fv) 8,000
Periods in years (Np 6 Rate 11.43%
Periodic payment(P 1,000 =RATE(B2,-B3,,B1)
Year 1 2 3 4 5 6 7 8
Cash flow 1,000 2,000 ### 3,000 ### 4,000 4,000 5,000
Discount rate 12% =NPV(B3,B2:I2) ###
Monthly payment(Pmt) 12,000
Period in months(Nper) 36 Present value 331,928
Rate of interest per
month(Rate) 1.50% =PV(B3,B2,-B1)
 No. of
instalment Annual
s (in instalment
Present valueInterest rate years) amount
1,000,000 15% 5 (298,316)
Beginning Annual Principal Remaining
Year amount instalment Interest repayment balance
1 1,000,000 298,316 150000 148,316 851,684
2 851,684 298,316 127753 170,563 681,121
3 681,121 298,316 102168 196,148 484,973
4 484,973 298,316 72746 225,570 259,403
5 259,403 298,316 38910 259,406 (3)
Initial deposit 300,000
Interest rate 10% Annual withdrawal ###
Period in years 10 =PMT(B2,B3,-B1)