Scribd Logo
Upload

Welcome to Scribd!

  • Saving Plan: 5000 SAVINGS 20000 SAVINGS

    Uploaded by

    Rohith Kumar Kambhampati
    5 views1 page
    This document shows savings plans for different principal amounts - Rs. 5000, Rs. 10000, Rs. 15000, Rs. 20000, Rs. 50000 and Rs. 100000 - saved over periods of 12 months to 360 months (30 years). It shows the growth in principal amount, interest earned and total amount over time for each savings plan. Saving higher amounts for longer periods results in significantly higher total returns due to compounding of interest.

    Original Description:

    Best savings plan

    Original Title

    SAVINGS PLAN

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document shows savings plans for different principal amounts - Rs. 5000, Rs. 10000, Rs. 15000, Rs. 20000, Rs. 50000 and Rs. 100000 - saved over periods of 12 months to 360 months (30 years). It shows the growth in principal amount, interest earned and total amount over time for each savings plan. Saving higher amounts for longer periods results in significantly higher total returns due to compounding of interest.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    5 views1 page

    Saving Plan: 5000 SAVINGS 20000 SAVINGS

    Uploaded by

    Rohith Kumar Kambhampati
    This document shows savings plans for different principal amounts - Rs. 5000, Rs. 10000, Rs. 15000, Rs. 20000, Rs. 50000 and Rs. 100000 - saved over periods of 12 months to 360 months (30 years). It shows the growth in principal amount, interest earned and total amount over time for each savings plan. Saving higher amounts for longer periods results in significantly higher total returns due to compounding of interest.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    SAVING PLAN

    5000 SAVINGS 20000 SAVINGS

    SAVINGS SAVINGS
    MONTHS PRINCIPAL AMT INTREST AMT TOTAL MONTHS PRINCIPAL AMT INTREST AMT TOTAL
    AMT AMT
    12 5000 60,963 1,219 67,182 12 20000 243,374 4,867 268,242
    60 5000 554,483 11,090 570,573 60 20000 2,216,697 44,334 2,281,031
    120 5000 2,389,535 47,791 2,442,325 120 20000 9,554,081 191,082 9,765,163
    180 5000 8,410,395 168,208 8,583,603 180 20000 33,628,266 672,565 34,320,831
    240 5000 28,165,022 563,300 28,733,323 240 20000 112,616,407 2,252,328 114,888,735
    300 5000 92,980,563 1,859,611 94,845,174 300 20000 371,778,929 7,435,579 379,234,508
    360 5000 305,642,347 6,112,847 311,760,194 360 20000 1,222,099,145 24,441,983 1,246,561,128

    10000 SAVINGS 50000 SAVINGS

    SAVINGS SAVINGS
    MONTHS PRINCIPAL AMT INTREST AMT TOTAL MONTHS PRINCIPAL AMT INTREST AMT TOTAL
    AMT AMT
    12 10000 121,687 2,434 134,121 12 50000 608,436 12,169 670,604
    60 10000 1,108,348 22,167 1,140,515 60 50000 5,541,742 110,835 5,702,577
    120 10000 4,777,041 95,541 4,882,582 120 50000 23,885,204 477,704 24,412,908
    180 10000 16,814,133 336,283 17,160,416 180 50000 84,070,665 1,681,413 85,802,078
    240 10000 56,308,204 1,126,164 57,444,368 240 50000 281,541,018 5,630,820 287,221,838
    300 10000 185,889,465 3,717,789 189,617,254 300 50000 929,447,324 18,588,946 948,086,270
    360 10000 611,049,572 12,220,991 623,280,564 360 50000 3,055,247,862 61,104,957 3,116,402,819

    15000 SAVINGS 100000 SAVINGS

    SAVINGS SAVINGS
    MONTHS PRINCIPAL AMT INTREST AMT TOTAL MONTHS PRINCIPAL AMT INTREST AMT TOTAL
    AMT AMT
    12 15000 182,531 3,651 201,181 12 100000 1,216,872 24,337 1,341,209
    60 15000 1,662,523 33,250 1,710,773 60 100000 11,083,484 221,670 11,405,154
    120 15000 7,165,561 143,311 7,323,872 120 100000 47,770,407 955,408 48,825,815
    180 15000 25,221,200 504,424 25,740,624 180 100000 168,141,330 3,362,827 171,604,157
    240 15000 84,462,305 1,689,246 86,166,551 240 100000 563,082,035 11,261,641 574,443,676
    300 15000 278,834,197 5,576,684 284,425,881 300 100000 1,858,894,647 37,177,893 1,896,172,540
    360 15000 916,574,359 18,331,487 934,920,846 360 100000 6,110,495,724 122,209,914 6,232,805,639

    You might also like