PV…whn compounded…FV PV

FV…whn discounted..PV RATE

FV=PV(1+r)^n NPER
FV
PMT
investment/

PV RATE NPER
X wants to invest Rs 100000 today which will
compound @8% pa for next 7 years. What is the
1 amount he can expect after 7 uears -100000 8% 7

X needs Rs 50 lakhs after 10 years to take care of

thr higher education of her daughter. She can
earn return @ 8% pa. What is the amount she
2 should invest now? ₹ -2,315,967.44 8% 10

X wants to buy a house worth 1 crore 12 years

from today. She has Rs 30 lakhs to invest today.
What should be thr rate of return she should
3 earn to achieve her goal? -3,000,000 10.55% 12

x wants to go on an international vacation and

she feels that she will need Rs 30 lakhs for the
same. Today she can invest Rs 6 lakhs for the
same @ 8% pa. After how many years will she be
4 able to go for the vacation? -600,000 8% 20.91

X needs Rs 50 lakhs after 10 years to take care of

thr higher education of her daughter. She can
earn return @ 8% pa. What is the amount she
5 should invest at the end of every year? 0.08 10.00

X needs Rs 50 lakhs after 10 years to take care of

thr higher education of her daughter. She can
earn return @ 8% pa. What is the amount she
6 should invest at the beginning of every year? 0.08 10.00

X needs Rs 50 lakhs after 10 years to take care of

thr higher education of her daughter. She can
earn return @ 8% pa. X's parents have gifted
today Rs 5 lakhs toward's their grand daughter's
education. What is the amount she should invest
7 at the end of every year? -500,000.00 0.08 10.00

X has retired today with a corpus of Rs 2 crores

which she can invest @ 6% pa. She needs to
withdraw Rs 20 lakhs every year for her
expenses. How many years can she live
8 financially independent? -20,000,000.00 0.06 15.73
 X has retired today with a corpus of Rs 2 crores
which she can invest @ 6% pa. She needs to
withdraw Rs 20 lakhs every year for her
expenses. She wants to leave Rs 30 lakhs towards
charity when she dies. How many years can she
9 live? -20,000,000.00 0.06 14.11

NISM INVESTMENT ADVISOR - XA & XB Exam

FV PMT

₹ 171,382.43

5,000,000

10,000,000

3,000,000

5,000,000.00 -345,147.44

5,000,000.00 -319,580.97

5,000,000.00 -270,632.70

2,000,000.00
3,000,000.00 2,000,000.00
 Inflation = 7%
expenses
mecical/
insurance of
age year regular education family Mobile
24 1 368,400 20,000 25,000
25 2 394,188 22,000
26 3 421,781 24,200
27 4 451,306 53,240 30,626
28 5 482,897 58,564
29 6 516,700 64,420
30 7 552,869 70,862 37,518
31 8 591,570 77,949
32 9 632,980 85,744
33 10 677,288 94,318 45,961
34 11 724,699 569,625 103,750
35 12 775,427 626,587 114,125
36 13 829,707 689,246 125,537 56,305
37 14 887,787 758,171 138,091
38 15 949,932 833,988 151,900
39 16 1,016,427 917,386 167,090 68,976
40 17 1,087,577 1,009,125 183,799
41 18 1,163,708 1,110,037 202,179
42 19 1,245,167 1,221,041 222,397 84,498
43 20 1,332,329 1,343,145 244,636
44 21 1,425,592 1,477,460 269,100
45 22 1,525,383 1,625,206 296,010 103,514
46 23 1,632,160 1,787,726 325,611
47 24 1,746,411 1,966,499 358,172
48 25 1,868,660 2,163,149 393,989 126,809
49 26 1,999,466 2,379,464 433,388
50 27 2,139,429 2,617,410 476,727
51 28 2,289,189 2,879,151 524,400 155,347
52 29 2,449,432 3,167,067 576,840
53 30 2,620,892 3,483,773 634,524
54 31 2,804,355 3,832,150 697,976 190,306
55 32 3,000,660 4,215,366 767,774

56 3,210,706 4,636,902 844,551 233,133

57 3,435,455 5,100,592 929,006
58 3,675,937 5,610,652 1,021,907
59 3,933,253 6,171,717 1,124,097 285,599
60 4,208,580 1,236,507
61 4,503,181 1,360,158
62 4,818,404 1,496,174 349,871
63 5,155,692 1,645,791
64 5,516,590 1,810,370
65 5,902,752 1,991,407 428,606
66 6,315,944 2,190,548
67 6,758,060 2,409,603
68 7,231,125 2,650,563 525,061
69 7,737,303 2,915,619
70 8,278,914 3,207,181
71 8,858,438 3,527,899 643,223
72 9,478,529 3,880,689
73 10,142,026 4,268,758
74 10,851,968 4,695,634 787,975
75 11,611,606 5,165,198

regular
food 6000
grocery 6000
travelling to work 5000
gas 1000
electricity 3000
mobile recharge 200
TV recharge 500
milk 2000
household help 4000
fuel
social obligations
clothes 2000
wi-fi 1000
total 30700 368400
medical, education= 10%

White goods house vechile vacation marriage

45,000 50,000
48,150 53,500
51,521 57,245
55,127 1,160,914 61,252 635,189
58,986 1,160,914 65,540 635,189
63,115 1,160,914 70,128 635,189
67,533 1,160,914 245,645 75,037 635,189
72,260 1,160,914 245,645 80,289 635,189
77,318 1,160,914 245,645 85,909
82,731 1,160,914 245,645 91,923
88,522 1,160,914 245,645 98,358
94,718 1,160,914 385,471 105,243
101,349 1,160,914 385,471 112,610
108,443 1,160,914 385,471 120,492
116,034 1,160,914 385,471 128,927
124,156 1,160,914 385,471 137,952
132,847 1,160,914 581,584 147,608
142,147 1,160,914 581,584 157,941
152,097 1,160,914 581,584 168,997
162,744 1,160,914 581,584 180,826
174,136 1,160,914 581,584 193,484
186,325 1,160,914 856,642 207,028
199,368 1,160,914 856,642 221,520
213,324 856,642 237,026
228,257 856,642 253,618
244,234 856,642 271,372
261,331 1,242,426 290,368
279,624 1,242,426 310,693
299,198 1,242,426 332,442
320,142 1,242,426 355,713
342,551 1,242,426 380,613
366,530 1,742,567 407,256

392,187 1,742,567 435,764

419,640 1,742,567 466,267
449,015 1,742,567 498,906
480,446 1,742,567 533,829
514,077 2,444,040 571,197 2,994,892
550,063 2,444,040 611,181
588,567 2,444,040 653,964
629,767 2,444,040 699,741
673,851 2,444,040 748,723
 721,020 3,427,893 801,133
771,492 3,427,893 857,213
825,496 3,427,893 917,218
883,281 3,427,893 981,423
945,110 3,427,893 1,050,123
1,011,268 4,807,797 1,123,631
1,082,057 4,807,797 1,202,285
1,157,801 4,807,797 1,286,445
1,238,847 4,807,797 1,376,496
1,325,566 4,807,797 1,472,851
1,418,356 1,575,951

white goods
AC
TV 20000
laptop 60000
refigrator 50000
furniture 100000
kitchen equipments 50000
music system 10000
lights 15000
305,000.00

368400
Total
508,400
517,838 ₹ 500,000
554,747
1,812,465 ₹ 2,103,828 house 1Cr
1,826,901 ₹ 12,298,738.65
1,875,277
2,210,378 ₹ 841,531 ₹ 1,160,913.92
2,228,627
2,288,510 Marriage 1500000/5
2,398,781
2,991,512
3,262,485 ₹ 1,320,546
3,461,138
3,559,368
3,727,165
3,978,372
4,303,454 ₹ 1,992,389
4,518,509
4,836,695
5,006,178
5,282,269
5,961,023 ₹ 2,934,684
6,183,942
5,378,075
5,891,125
6,184,567
7,027,691 ₹ 4,256,301
7,680,830
8,067,404
8,657,470
9,490,378
10,500,151 ₹ 5,969,683

11,495,810
12,093,528
12,998,983
14,271,507
8,974,402 ₹ 8,372,789
9,468,623
10,351,019
10,575,031
11,193,574
13,272,812 ₹ 11,743,270
13,563,089
14,338,269
15,699,345
16,076,048
18,428,792 ₹ 16,470,544
20,121,700
20,611,261
21,833,925
23,941,792
19,771,110
age year earning expenses savings nper
24 1 800,000 508,400 291,600 31
25 2 880,000 517,838 362,162 30
26 3 968,000 554,747 413,253 29
27 4 2,129,600 1,812,465 317,135 28
28 5 2,342,560 1,826,901 515,659 27
29 6 2,576,816 1,875,277 701,539 26
30 7 2,834,498 2,210,378 624,119 25
31 8 3,117,947 2,228,627 889,320 24
32 9 3,429,742 2,288,510 1,141,232 23
33 10 3,772,716 2,398,781 1,373,936 22
34 11 4,149,988 2,991,512 1,158,476 21
35 12 4,564,987 3,262,485 1,302,502 20
36 13 5,021,485 3,461,138 1,560,347 19
37 14 5,523,634 3,559,368 1,964,265 18
38 15 6,075,997 3,727,165 2,348,832 17
39 16 6,683,597 3,978,372 2,705,225 16
40 17 7,351,957 4,303,454 3,048,502 15
41 18 8,087,152 4,518,509 3,568,643 14
42 19 8,895,868 4,836,695 4,059,173 13
43 20 9,785,454 5,006,178 4,779,276 12
44 21 10,764,000 5,282,269 5,481,730 11
45 22 11,840,400 5,961,023 5,879,377 10
46 23 13,024,440 6,183,942 6,840,498 9
47 24 14,326,884 5,378,075 8,948,809 8
48 25 15,759,572 5,891,125 9,868,448 7
49 26 17,335,530 6,184,567 11,150,963 6
50 27 19,069,082 7,027,691 12,041,392 5
51 28 20,975,991 7,680,830 13,295,161 4
52 29 23,073,590 8,067,404 15,006,186 3
53 30 25,380,949 8,657,470 16,723,479 2
54 31 27,919,044 9,490,378 18,428,666 1
55 32 30,710,948 10,500,151 20,210,797 -

56 1 395,890,301 11,495,810 384,394,491 1

57 2 407,458,160 12,093,528 395,364,632 1
58 3 419,086,510 12,998,983 406,087,527 1
59 4 430,452,779 14,271,507 416,181,272 1
60 5 441,152,148 8,974,402 432,177,746 1
61 6 458,108,411 9,468,623 448,639,788 1
62 7 475,558,175 10,351,019 465,207,156 1
63 8 493,119,586 10,575,031 482,544,555 1
64 9 511,497,228 11,193,574 500,303,654 1
65 10 530,321,873 13,272,812 517,049,062 1
66 11 548,072,005 13,563,089 534,508,916 1
67 12 566,579,451 14,338,269 552,241,181 1
68 13 585,375,652 15,699,345 569,676,307 1
69 14 603,856,886 16,076,048 587,780,837 1
70 15 623,047,688 18,428,792 604,618,896 1
71 16 640,896,030 20,121,700 620,774,330 1
72 17 658,020,790 20,611,261 637,409,528 1
73 18 675,654,100 21,833,925 653,820,175 1
74 19 693,049,386 23,941,792 669,107,594 1
75 20 709,254,050 19,771,110 689,482,940 1
rate fv equity fixed income gold
10% ₹ 5,597,070 proportion 0.70 0.15 0.15
10% ₹ 6,319,510 returns 15.00 6.00 5.00
10% ₹ 6,555,476 10.50 0.90 0.75
10% ₹ 4,573,403 pre-tax retur 12.15
10% ₹ 6,760,289 post-tax rate 10.33
10% ₹ 8,361,068
10% ₹ 6,762,149 equity fixed income gold
10% ₹ 8,759,568 proportion 0.50 0.25 0.25
10% ₹ 10,218,936 returns 15.00 6.00 5.00
10% ₹ 11,184,215 7.50 1.50 1.25
10% ₹ 8,573,015 pre-tax retur 10.25
10% ₹ 8,762,579 post-tax rate 8.71
10% ₹ 9,542,941
10% ₹ 10,921,154
10% ₹ 11,872,102
10% ₹ 12,430,435
9% ₹ 10,669,129
9% ₹ 11,488,838
9% ₹ 12,021,011
9% ₹ 13,019,553
9% ₹ 13,736,691
9% ₹ 13,552,714
9% ₹ 14,504,848
9% ₹ 17,455,054
9% ₹ 17,706,605
9% ₹ 18,404,725
9% ₹ 18,282,019
9% ₹ 18,568,275
9% ₹ 19,278,747
9% ₹ 19,763,580
9% ₹ 20,033,802
9% ₹ 20,210,797
₹ 395,890,301
6% ₹ 407,458,160
6% ₹ 419,086,510
6% ₹ 430,452,779
6% ₹ 441,152,148
6% ₹ 458,108,411
6% ₹ 475,558,175
6% ₹ 493,119,586
6% ₹ 511,497,228
6% ₹ 530,321,873
6% ₹ 548,072,005
6% ₹ 566,579,451
6% ₹ 585,375,652
6% ₹ 603,856,886
6% ₹ 623,047,688
6% ₹ 640,896,030
6% ₹ 658,020,790
6% ₹ 675,654,100
6% ₹ 693,049,386
6% ₹ 709,254,050
6% ₹ 730,851,916