Simple Interest Rate

Refers to the interest on a principal for a specific peri

It doest not refer to int on int

Formula for Simple int. rate

P* R* T
Principal 1000
Rate 8%
Period 5
400

Compound Int Rate

Principal
Rate
Term
CI

Currently You have Rs 50,000 and you have deposited

that pays an interest of 8% per annum, how much yo
Given
Present value
Rate of int
Term
Future value
Using FV function

Currently You have Rs 50,000 and you have deposited

that pays an interest of 8% per annum compounded s

Given
Present value
Rate of int
Term
Frequency (Periodicity)
Future value
Using FV function

Given
Present value
Rate of int
Term
Frequency (Periodicity)
Future value
Using FV function

Given
Present value
Rate of int
Term
Frequency (Periodicity)
Future value
Using FV function

Given
Present value
Rate of int
Term
Frequency (Periodicity)
Future value

Present Value 50,000

Rate 8%
Tenor 7
Compounding Frequency 1
Future Value ₹85,691.21
al for a specific period

pa
Years
=PRODUCT(E11:E13)

1000
8%
5years
469.3280768=F17*(1+F18)^F19-F17

you have deposited in a bank for 7 years

num, how much you will have at the end of 7 Years
 50,000
8% pa Compounding Rate
7Years
85,691.21
₹85,691.21 =FV(F30,F31,0,-F29,0)

you have deposited in a bank for 7 years

num compounded semi annual basis, how much you will have at the end of 7

50,000
8% Pa Semi annual Compouding
7Years 14
2
86,583.82
₹86,583.82 =FV(F42/F44,F43*F44,0,-F41,0)

50,000
8% PA Mothly Compouding
7Years
 12
87,371.10
₹87,371.10 =FV(F51/F53,F52*F53,0,-F50,0)

50,000
8% PA Quarterly
7Years
4
87,051.21
₹87,051.21 =FV(F60/F62,F61*F62,0,-F59,0)

50,000
8% pa continous Conpounding
7Years
infinite
87,533.63 Principal *exp(r*time)

Years
 2 4 12
₹86,583.82 ₹87,051.21 ₹87,371.10
Term
0 1000
1 1080.00
2 1166.40
3 1259.71
4 1360.49
5 1469.33
469.33
nding Rate

ou will have at the end of 7 Years

Note :
Divide the rate by frequency of compounding
Multiply the tenor by the frequency
 52Cont. Compounding
₹87,495.96 87533.625014805
ounding
Rajesh wants to save Rs 5,00,000 for his d
Currently the bank will pay an interest o
How much he should deposit today to ge

Given
Future Value 500,000
Rate 9%
Period 5
Present value 324,965.69
Using PV functi ₹324,965.69

Given
Future Value 500,000
Rate 9%
Period 5
Frequency 2
Present value 321,963.84
Using PV functi ₹321,963.84

Given
Future Value 500,000
Rate 9%
Period 5
Frequency 12
Present value 319,349.85
Using PV functi ₹319,349.85

Given
Future Value 500,000
Rate 9%
Period 5
Frequency Cont. Comp.
Present value 318,814.08
5,00,000 for his daughter's marriage at the end of 5 years
ay an interest of 9% per annum
posit today to get Rs 5,00,00 after 5 years

pa
Years

=PV(F10,F11,0,-F9,0)

per annum semi annual compounding

Years

=-PV(F18/F20,F19*F20,,F17,0)
pa monthly compounding
Years

=-PV(F26/F28,F27*F28,,F25,0)

pa continous compounding
Years

=F34*EXP(-F35*F36)
Cash flows Series
Rate
Year
Calculate Future value of the below

1
2
3
4
5

CALCULATE THE PRSENT VALUE FOR THE

RATE
 1
2
3
4
5

USE NPV

CALCULATE THE PRICE OF THE BOND

BOND FACE VALUE
COUPON RATE
TENOR
YIELD TO MATURITY OR DISCOUNT RATE,
EXPECTED RATE OF RETURN
NOTE : PRICE OR VALUE OF THE BOND, P

Calculate the Present value for the below

Discount rate
Year
1
2
3
4
5

NPV

Calculate the Present value of a deposit 5

if the rate of interest is stated 9% annual
quarterly compounding, monthly compou
also calculate the effective rate of interes

Given
Future value
Rate
Term

Compounding Period
Present value
Using PV method

How will I calculate effective rate of inter

Stated Int Rate

9%
9%
 9%
9%
9%
9%
9%

Calculate the monthly equated installmen

in 20 years if the rate of interest happen

Present value or Loan amount

Rate
Term
Frequency
To calculate monthly payment, alter the
divide by rate by 12, multiply the tenor b
EMI or Monthly equal payments for 240 p
What is the effective rate of int for the lo

Using the above create loan amortiztion

 7%
CFS
value of the below
FV
10,000.00 13107.9601
12,000.00 14700.5160
34,500.00 39499.0500
2,300.00 2461.0000
3,467.00 3467.0000
73,235.53

PRSENT VALUE FOR THE BELOW CFS

7%
 -10,000.00 -9345.794393
12,000.00 10481.264739
34,500.00 28162.276753
-2,300.00 -1754.658988
3,467.00 2471.923084
30,015.01

₹30,015.0112

PRICE OF THE BOND

RITY OR DISCOUNT RATE, IRR

OF RETURN
VALUE OF THE BOND, PV OF FUTURE CASH FLOWS

sent value for the below cash flows

9%
CFS PV of CFS
13,400 12293.5779817
12800 10773.5039138
34500 26640.3300621
33,000 23378.0319652
-22,000 -14298.490499

₹58,786.95 58786.9534242

sent value of a deposit 5,00,000 maturing in 5 year

rest is stated 9% annual compounding, semi annua
unding, monthly compounding, weekly compoundi
e effective rate of interest for various compounding

500,000
9%
5
Annual
eriod 1
324,965.69
₹324,965.69

ate effective rate of interest ?

Compounding Frequency of
Frequency Compounding
Annual 1
Semi Annual 2
 Quarterly 4
Monthly 12
Weekly 52
Daily 365
Continous CompoundiInfinite

For continous compoud

nthly equated installment payment for a loan of Rs

e rate of interest happens to be 10% per annum

Loan amount 2,000,000

10%
years 20
 12
nthly payment, alter the rate and tenor
12, multiply the tenor by 12
equal payments for 240 periods
tive rate of int for the loan ?

create loan amortiztion table

₹13,107.96
₹14,700.52
₹39,499.05
₹2,461.00
₹3,467.00
73,235.53
 (₹9,345.79)
₹10,481.26
₹28,162.28
(₹1,754.66)
₹2,471.92
30,015.01

NPV(RATE, CFS)

1000
8%PER ANNUM
5YEARS

9%
CASH FLOWS

Using PV
₹12,293.58
₹10,773.50
₹26,640.33
₹23,378.03
(₹14,298.49)

58786.953424158

ring in 5 years
, semi annual compounding
y compounding, daily compounding
ompounding periods

Years
Semi annual Qtrly
2 4
321,963.84 320,408.24
₹321,963.84 ₹320,408.24

Effective Rate of inExcel Formula

9.0000% 9.00%
9.2025% 9.20%
 9.3083% 9.31%
9.3807% 9.38%
9.4089% 9.41%
9.4162% 9.42%
9.4174%
=EXP(B72)-1

us compouding Exp('r)-1

r a loan of Rs 20,00,000 payable

r annum

0.833%
240
₹19,140.93
10.471%
10.471%
COMPOUNDING
PV OF CFS
USING PV FUNCTION
USE NPV function
Monthly Weekly
12 52
319,349.85 318,938.11
₹319,349.85 ₹318,938.11
DISCOUNTING
 TERM CFS PV OF CFS
1 80 73.3945
2 80 67.3344
3 80 61.77468
4 80 56.67402
5 1080 701.9259
961.1035
UNCTION ₹961.10
ction ₹961.10
Days
365
318,831.76
₹318,831.76
CFS

=SUM(K27:K31)
=-PV(E32,I31,J27,E28,0)
=NPV(E32,J27:J31)
Rajesh wants to buy an apartment wortth Rs 80,00,000
He has been sanctioned a loan of Rs 60,00,000 and the b
The bank's rate for the home loan is 9% per annum
His term of the loan is fixed at 15 years
(i) Calcualte the monthly equated payments for the term
(ii) Also create a loan amortization table for the above

Given
Home loan
Rate of int
Term
Frequency
EMI
effective rate of interest

Term Beg Balance EMI

1 6,000,000 ₹60,856.00
2 ₹5,984,144.00 ₹60,856.00
3 ₹5,968,169.09 ₹60,856.00
4 ₹5,952,074.36 ₹60,856.00
5 ₹5,935,858.93 ₹60,856.00
 6 ₹5,919,521.87 ₹60,856.00
7 ₹5,903,062.29 ₹60,856.00
8 ₹5,886,479.26 ₹60,856.00
9 ₹5,869,771.86 ₹60,856.00
10 ₹5,852,939.16 ₹60,856.00
11 ₹5,835,980.21 ₹60,856.00
12 ₹5,818,894.06 ₹60,856.00
13 ₹5,801,679.77 ₹60,856.00
14 ₹5,784,336.38 ₹60,856.00
15 ₹5,766,862.90 ₹60,856.00
16 ₹5,749,258.38 ₹60,856.00
17 ₹5,731,521.82 ₹60,856.00
18 ₹5,713,652.24 ₹60,856.00
19 ₹5,695,648.64 ₹60,856.00
20 ₹5,677,510.01 ₹60,856.00
21 ₹5,659,235.34 ₹60,856.00
22 ₹5,640,823.61 ₹60,856.00
23 ₹5,622,273.79 ₹60,856.00
24 ₹5,603,584.85 ₹60,856.00
25 ₹5,584,755.74 ₹60,856.00
26 ₹5,565,785.41 ₹60,856.00
27 ₹5,546,672.81 ₹60,856.00
28 ₹5,527,416.86 ₹60,856.00
29 ₹5,508,016.49 ₹60,856.00
30 ₹5,488,470.62 ₹60,856.00
31 ₹5,468,778.15 ₹60,856.00
32 ₹5,448,938.00 ₹60,856.00
33 ₹5,428,949.04 ₹60,856.00
34 ₹5,408,810.16 ₹60,856.00
35 ₹5,388,520.24 ₹60,856.00
36 ₹5,368,078.15 ₹60,856.00
37 ₹5,347,482.74 ₹60,856.00
38 ₹5,326,732.86 ₹60,856.00
39 ₹5,305,827.36 ₹60,856.00
40 ₹5,284,765.07 ₹60,856.00
41 ₹5,263,544.82 ₹60,856.00
42 ₹5,242,165.41 ₹60,856.00
43 ₹5,220,625.65 ₹60,856.00
44 ₹5,198,924.35 ₹60,856.00
45 ₹5,177,060.29 ₹60,856.00
46 ₹5,155,032.25 ₹60,856.00
47 ₹5,132,838.99 ₹60,856.00
48 ₹5,110,479.29 ₹60,856.00
49 ₹5,087,951.89 ₹60,856.00
50 ₹5,065,255.53 ₹60,856.00
51 ₹5,042,388.95 ₹60,856.00
52 ₹5,019,350.88 ₹60,856.00
53 ₹4,996,140.01 ₹60,856.00
54 ₹4,972,755.07 ₹60,856.00
55 ₹4,949,194.74 ₹60,856.00
56 ₹4,925,457.70 ₹60,856.00
57 ₹4,901,542.64 ₹60,856.00
58 ₹4,877,448.21 ₹60,856.00
59 ₹4,853,173.08 ₹60,856.00
60 ₹4,828,715.88 ₹60,856.00
61 ₹4,804,075.26 ₹60,856.00
62 ₹4,779,249.83 ₹60,856.00
63 ₹4,754,238.21 ₹60,856.00
64 ₹4,729,039.00 ₹60,856.00
65 ₹4,703,650.80 ₹60,856.00
66 ₹4,678,072.18 ₹60,856.00
67 ₹4,652,301.73 ₹60,856.00
68 ₹4,626,338.00 ₹60,856.00
69 ₹4,600,179.54 ₹60,856.00
70 ₹4,573,824.89 ₹60,856.00
71 ₹4,547,272.58 ₹60,856.00
72 ₹4,520,521.13 ₹60,856.00
73 ₹4,493,569.04 ₹60,856.00
74 ₹4,466,414.81 ₹60,856.00
75 ₹4,439,056.93 ₹60,856.00
76 ₹4,411,493.86 ₹60,856.00
77 ₹4,383,724.07 ₹60,856.00
 78 ₹4,355,746.01 ₹60,856.00
79 ₹4,327,558.11 ₹60,856.00
80 ₹4,299,158.80 ₹60,856.00
81 ₹4,270,546.49 ₹60,856.00
82 ₹4,241,719.60 ₹60,856.00
83 ₹4,212,676.50 ₹60,856.00
84 ₹4,183,415.58 ₹60,856.00
85 ₹4,153,935.20 ₹60,856.00
86 ₹4,124,233.72 ₹60,856.00
87 ₹4,094,309.48 ₹60,856.00
88 ₹4,064,160.80 ₹60,856.00
89 ₹4,033,786.01 ₹60,856.00
90 ₹4,003,183.41 ₹60,856.00
91 ₹3,972,351.29 ₹60,856.00
92 ₹3,941,287.93 ₹60,856.00
93 ₹3,909,991.60 ₹60,856.00
94 ₹3,878,460.54 ₹60,856.00
95 ₹3,846,693.00 ₹60,856.00
96 ₹3,814,687.20 ₹60,856.00
97 ₹3,782,441.36 ₹60,856.00
98 ₹3,749,953.67 ₹60,856.00
99 ₹3,717,222.33 ₹60,856.00
100 ₹3,684,245.50 ₹60,856.00
101 ₹3,651,021.35 ₹60,856.00
102 ₹3,617,548.02 ₹60,856.00
103 ₹3,583,823.63 ₹60,856.00
104 ₹3,549,846.31 ₹60,856.00
105 ₹3,515,614.17 ₹60,856.00
106 ₹3,481,125.28 ₹60,856.00
107 ₹3,446,377.72 ₹60,856.00
108 ₹3,411,369.56 ₹60,856.00
109 ₹3,376,098.84 ₹60,856.00
110 ₹3,340,563.58 ₹60,856.00
111 ₹3,304,761.81 ₹60,856.00
112 ₹3,268,691.53 ₹60,856.00
113 ₹3,232,350.72 ₹60,856.00
114 ₹3,195,737.36 ₹60,856.00
115 ₹3,158,849.39 ₹60,856.00
116 ₹3,121,684.77 ₹60,856.00
117 ₹3,084,241.41 ₹60,856.00
118 ₹3,046,517.23 ₹60,856.00
119 ₹3,008,510.11 ₹60,856.00
120 ₹2,970,217.94 ₹60,856.00
121 ₹2,931,638.58 ₹60,856.00
122 ₹2,892,769.87 ₹60,856.00
123 ₹2,853,609.65 ₹60,856.00
124 ₹2,814,155.73 ₹60,856.00
125 ₹2,774,405.90 ₹60,856.00
126 ₹2,734,357.95 ₹60,856.00
127 ₹2,694,009.64 ₹60,856.00
128 ₹2,653,358.72 ₹60,856.00
129 ₹2,612,402.92 ₹60,856.00
130 ₹2,571,139.94 ₹60,856.00
131 ₹2,529,567.50 ₹60,856.00
132 ₹2,487,683.26 ₹60,856.00
133 ₹2,445,484.89 ₹60,856.00
134 ₹2,402,970.03 ₹60,856.00
135 ₹2,360,136.31 ₹60,856.00
136 ₹2,316,981.34 ₹60,856.00
137 ₹2,273,502.70 ₹60,856.00
138 ₹2,229,697.98 ₹60,856.00
139 ₹2,185,564.72 ₹60,856.00
140 ₹2,141,100.46 ₹60,856.00
141 ₹2,096,302.72 ₹60,856.00
142 ₹2,051,168.99 ₹60,856.00
143 ₹2,005,696.76 ₹60,856.00
144 ₹1,959,883.49 ₹60,856.00
145 ₹1,913,726.62 ₹60,856.00
146 ₹1,867,223.58 ₹60,856.00
147 ₹1,820,371.76 ₹60,856.00
148 ₹1,773,168.55 ₹60,856.00
149 ₹1,725,611.32 ₹60,856.00
150 ₹1,677,697.41 ₹60,856.00
151 ₹1,629,424.15 ₹60,856.00
152 ₹1,580,788.83 ₹60,856.00
153 ₹1,531,788.76 ₹60,856.00
154 ₹1,482,421.18 ₹60,856.00
155 ₹1,432,683.34 ₹60,856.00
156 ₹1,382,572.47 ₹60,856.00
157 ₹1,332,085.77 ₹60,856.00
158 ₹1,281,220.42 ₹60,856.00
159 ₹1,229,973.58 ₹60,856.00
160 ₹1,178,342.38 ₹60,856.00
161 ₹1,126,323.95 ₹60,856.00
162 ₹1,073,915.39 ₹60,856.00
163 ₹1,021,113.76 ₹60,856.00
164 ₹967,916.12 ₹60,856.00
165 ₹914,319.49 ₹60,856.00
166 ₹860,320.89 ₹60,856.00
167 ₹805,917.31 ₹60,856.00
168 ₹751,105.69 ₹60,856.00
169 ₹695,882.99 ₹60,856.00
170 ₹640,246.12 ₹60,856.00
171 ₹584,191.97 ₹60,856.00
172 ₹527,717.41 ₹60,856.00
173 ₹470,819.30 ₹60,856.00
174 ₹413,494.45 ₹60,856.00
175 ₹355,739.66 ₹60,856.00
176 ₹297,551.71 ₹60,856.00
177 ₹238,927.36 ₹60,856.00
178 ₹179,863.32 ₹60,856.00
179 ₹120,356.30 ₹60,856.00
180 ₹60,402.97 ₹60,856.00
 ent wortth Rs 80,00,000
of Rs 60,00,000 and the balance he has to contribute
an is 9% per annum
15 years
ed payments for the term of the loan
tion table for the above

6,000,000
9%pa
15Years
12for monthly payments
₹60,856.00
9.381% 9.381%

Interest Principal End Balance

45,000 ₹15,856.00 ₹5,984,144.00
44,881 ₹15,974.92 ₹5,968,169.09
44,761 ₹16,094.73 ₹5,952,074.36
44,641 ₹16,215.44 ₹5,935,858.93
44,519 ₹16,337.05 ₹5,919,521.87
44,396 ₹16,459.58 ₹5,903,062.29
44,273 ₹16,583.03 ₹5,886,479.26
44,149 ₹16,707.40 ₹5,869,771.86
44,023 ₹16,832.71 ₹5,852,939.16
43,897 ₹16,958.95 ₹5,835,980.21
43,770 ₹17,086.14 ₹5,818,894.06
43,642 ₹17,214.29 ₹5,801,679.77
43,513 ₹17,343.40 ₹5,784,336.38
43,383 ₹17,473.47 ₹5,766,862.90
43,251 ₹17,604.52 ₹5,749,258.38
43,119 ₹17,736.56 ₹5,731,521.82
42,986 ₹17,869.58 ₹5,713,652.24
42,852 ₹18,003.60 ₹5,695,648.64
42,717 ₹18,138.63 ₹5,677,510.01
42,581 ₹18,274.67 ₹5,659,235.34
42,444 ₹18,411.73 ₹5,640,823.61
42,306 ₹18,549.82 ₹5,622,273.79
42,167 ₹18,688.94 ₹5,603,584.85
42,027 ₹18,829.11 ₹5,584,755.74
41,886 ₹18,970.33 ₹5,565,785.41
41,743 ₹19,112.60 ₹5,546,672.81
41,600 ₹19,255.95 ₹5,527,416.86
41,456 ₹19,400.37 ₹5,508,016.49
41,310 ₹19,545.87 ₹5,488,470.62
41,164 ₹19,692.47 ₹5,468,778.15
41,016 ₹19,840.16 ₹5,448,938.00
40,867 ₹19,988.96 ₹5,428,949.04
40,717 ₹20,138.88 ₹5,408,810.16
40,566 ₹20,289.92 ₹5,388,520.24
40,414 ₹20,442.09 ₹5,368,078.15
40,261 ₹20,595.41 ₹5,347,482.74
40,106 ₹20,749.87 ₹5,326,732.86
39,950 ₹20,905.50 ₹5,305,827.36
39,794 ₹21,062.29 ₹5,284,765.07
39,636 ₹21,220.26 ₹5,263,544.82
39,477 ₹21,379.41 ₹5,242,165.41
39,316 ₹21,539.75 ₹5,220,625.65
39,155 ₹21,701.30 ₹5,198,924.35
38,992 ₹21,864.06 ₹5,177,060.29
38,828 ₹22,028.04 ₹5,155,032.25
38,663 ₹22,193.25 ₹5,132,838.99
38,496 ₹22,359.70 ₹5,110,479.29
38,329 ₹22,527.40 ₹5,087,951.89
38,160 ₹22,696.36 ₹5,065,255.53
37,989 ₹22,866.58 ₹5,042,388.95
37,818 ₹23,038.08 ₹5,019,350.88
37,645 ₹23,210.86 ₹4,996,140.01
37,471 ₹23,384.94 ₹4,972,755.07
37,296 ₹23,560.33 ₹4,949,194.74
37,119 ₹23,737.03 ₹4,925,457.70
36,941 ₹23,915.06 ₹4,901,542.64
36,762 ₹24,094.43 ₹4,877,448.21
36,581 ₹24,275.13 ₹4,853,173.08
36,399 ₹24,457.20 ₹4,828,715.88
36,215 ₹24,640.63 ₹4,804,075.26
36,031 ₹24,825.43 ₹4,779,249.83
35,844 ₹25,011.62 ₹4,754,238.21
35,657 ₹25,199.21 ₹4,729,039.00
35,468 ₹25,388.20 ₹4,703,650.80
35,277 ₹25,578.61 ₹4,678,072.18
35,086 ₹25,770.45 ₹4,652,301.73
34,892 ₹25,963.73 ₹4,626,338.00
34,698 ₹26,158.46 ₹4,600,179.54
34,501 ₹26,354.65 ₹4,573,824.89
34,304 ₹26,552.31 ₹4,547,272.58
34,105 ₹26,751.45 ₹4,520,521.13
33,904 ₹26,952.09 ₹4,493,569.04
33,702 ₹27,154.23 ₹4,466,414.81
33,498 ₹27,357.88 ₹4,439,056.93
33,293 ₹27,563.07 ₹4,411,493.86
33,086 ₹27,769.79 ₹4,383,724.07
32,878 ₹27,978.06 ₹4,355,746.01
32,668 ₹28,187.90 ₹4,327,558.11
32,457 ₹28,399.31 ₹4,299,158.80
32,244 ₹28,612.30 ₹4,270,546.49
32,029 ₹28,826.90 ₹4,241,719.60
31,813 ₹29,043.10 ₹4,212,676.50
31,595 ₹29,260.92 ₹4,183,415.58
31,376 ₹29,480.38 ₹4,153,935.20
31,155 ₹29,701.48 ₹4,124,233.72
30,932 ₹29,924.24 ₹4,094,309.48
30,707 ₹30,148.67 ₹4,064,160.80
30,481 ₹30,374.79 ₹4,033,786.01
30,253 ₹30,602.60 ₹4,003,183.41
30,024 ₹30,832.12 ₹3,972,351.29
29,793 ₹31,063.36 ₹3,941,287.93
29,560 ₹31,296.34 ₹3,909,991.60
29,325 ₹31,531.06 ₹3,878,460.54
29,088 ₹31,767.54 ₹3,846,693.00
28,850 ₹32,005.80 ₹3,814,687.20
28,610 ₹32,245.84 ₹3,782,441.36
28,368 ₹32,487.68 ₹3,749,953.67
28,125 ₹32,731.34 ₹3,717,222.33
27,879 ₹32,976.83 ₹3,684,245.50
27,632 ₹33,224.15 ₹3,651,021.35
27,383 ₹33,473.33 ₹3,617,548.02
27,132 ₹33,724.38 ₹3,583,823.63
26,879 ₹33,977.32 ₹3,549,846.31
26,624 ₹34,232.15 ₹3,515,614.17
26,367 ₹34,488.89 ₹3,481,125.28
26,108 ₹34,747.56 ₹3,446,377.72
25,848 ₹35,008.16 ₹3,411,369.56
25,585 ₹35,270.72 ₹3,376,098.84
25,321 ₹35,535.25 ₹3,340,563.58
25,054 ₹35,801.77 ₹3,304,761.81
24,786 ₹36,070.28 ₹3,268,691.53
24,515 ₹36,340.81 ₹3,232,350.72
24,243 ₹36,613.36 ₹3,195,737.36
23,968 ₹36,887.96 ₹3,158,849.39
23,691 ₹37,164.62 ₹3,121,684.77
23,413 ₹37,443.36 ₹3,084,241.41
23,132 ₹37,724.18 ₹3,046,517.23
22,849 ₹38,007.12 ₹3,008,510.11
22,564 ₹38,292.17 ₹2,970,217.94
22,277 ₹38,579.36 ₹2,931,638.58
21,987 ₹38,868.71 ₹2,892,769.87
21,696 ₹39,160.22 ₹2,853,609.65
21,402 ₹39,453.92 ₹2,814,155.73
21,106 ₹39,749.83 ₹2,774,405.90
20,808 ₹40,047.95 ₹2,734,357.95
20,508 ₹40,348.31 ₹2,694,009.64
20,205 ₹40,650.92 ₹2,653,358.72
19,900 ₹40,955.80 ₹2,612,402.92
19,593 ₹41,262.97 ₹2,571,139.94
19,284 ₹41,572.45 ₹2,529,567.50
18,972 ₹41,884.24 ₹2,487,683.26
18,658 ₹42,198.37 ₹2,445,484.89
18,341 ₹42,514.86 ₹2,402,970.03
18,022 ₹42,833.72 ₹2,360,136.31
17,701 ₹43,154.97 ₹2,316,981.34
17,377 ₹43,478.64 ₹2,273,502.70
17,051 ₹43,804.72 ₹2,229,697.98
16,723 ₹44,133.26 ₹2,185,564.72
16,392 ₹44,464.26 ₹2,141,100.46
16,058 ₹44,797.74 ₹2,096,302.72
15,722 ₹45,133.72 ₹2,051,168.99
15,384 ₹45,472.23 ₹2,005,696.76
15,043 ₹45,813.27 ₹1,959,883.49
14,699 ₹46,156.87 ₹1,913,726.62
14,353 ₹46,503.05 ₹1,867,223.58
14,004 ₹46,851.82 ₹1,820,371.76
13,653 ₹47,203.21 ₹1,773,168.55
13,299 ₹47,557.23 ₹1,725,611.32
12,942 ₹47,913.91 ₹1,677,697.41
12,583 ₹48,273.26 ₹1,629,424.15
12,221 ₹48,635.31 ₹1,580,788.83
11,856 ₹49,000.08 ₹1,531,788.76
11,488 ₹49,367.58 ₹1,482,421.18
11,118 ₹49,737.84 ₹1,432,683.34
10,745 ₹50,110.87 ₹1,382,572.47
10,369 ₹50,486.70 ₹1,332,085.77
9,991 ₹50,865.35 ₹1,281,220.42
9,609 ₹51,246.84 ₹1,229,973.58
9,225 ₹51,631.19 ₹1,178,342.38
8,838 ₹52,018.43 ₹1,126,323.95
8,447 ₹52,408.57 ₹1,073,915.39
8,054 ₹52,801.63 ₹1,021,113.76
7,658 ₹53,197.64 ₹967,916.12
7,259 ₹53,596.62 ₹914,319.49
6,857 ₹53,998.60 ₹860,320.89
6,452 ₹54,403.59 ₹805,917.31
6,044 ₹54,811.62 ₹751,105.69
5,633 ₹55,222.70 ₹695,882.99
5,219 ₹55,636.87 ₹640,246.12
4,802 ₹56,054.15 ₹584,191.97
4,381 ₹56,474.56 ₹527,717.41
3,958 ₹56,898.11 ₹470,819.30
3,531 ₹57,324.85 ₹413,494.45
3,101 ₹57,754.79 ₹355,739.66
2,668 ₹58,187.95 ₹297,551.71
2,232 ₹58,624.36 ₹238,927.36
1,792 ₹59,064.04 ₹179,863.32
1,349 ₹59,507.02 ₹120,356.30
903 ₹59,953.32 ₹60,402.97
453 ₹60,402.97 (₹0.00)
180
Loan amount
Rate
Term
Repayment Quarterly
Frequency

Payment Quarterly

TermBeg Balance
1 10,000,000
2 ₹9,618,282.69
3 ₹9,226,068.16
4 ₹8,823,067.73
 5 ₹8,408,984.79
6 ₹7,983,514.56
7 ₹7,546,343.91
8 ₹7,097,151.06
9 ₹6,635,605.41
10 ₹6,161,367.25
11 ₹5,674,087.54
12 ₹5,173,407.64
13 ₹4,658,959.05
14 ₹4,130,363.12
15 ₹3,587,230.80
16 ₹3,029,162.34
17 ₹2,455,746.99
18 ₹1,866,562.73
19 ₹1,261,175.90
20 ₹639,140.93
 10,000,000
11%
5

Payment Interest
₹656,717.31 275000
₹656,717.31 264502.774083
₹656,717.31 253716.874454
₹656,717.31 242634.362585
 ₹656,717.31 231247.081639
₹656,717.31 219546.650468
₹656,717.31 207524.457439
₹656,717.31 195171.654102
₹656,717.31 182479.148673
₹656,717.31 169437.599345
₹656,717.31 156037.40741
₹656,717.31 142268.710197
₹656,717.31 128121.373811
₹656,717.31 113584.985674
₹656,717.31 98648.8468633
₹656,717.31 83301.9642354
₹656,717.31 67533.0423352
₹656,717.31 51330.4750827
₹656,717.31 34682.3372308
₹656,717.31 17576.375588
₹13,134,346.12 3,134,346.12
years

₹656,717.31

Principal End Balance

₹381,717.31 ₹9,618,282.69
₹392,214.53 ₹9,226,068.16
₹403,000.43 ₹8,823,067.73
₹414,082.94 ₹8,408,984.79
 ₹425,470.22 ₹7,983,514.56
₹437,170.66 ₹7,546,343.91
₹449,192.85 ₹7,097,151.06
₹461,545.65 ₹6,635,605.41
₹474,238.16 ₹6,161,367.25
₹487,279.71 ₹5,674,087.54
₹500,679.90 ₹5,173,407.64
₹514,448.60 ₹4,658,959.05
₹528,595.93 ₹4,130,363.12
₹543,132.32 ₹3,587,230.80
₹558,068.46 ₹3,029,162.34
₹573,415.34 ₹2,455,746.99
₹589,184.26 ₹1,866,562.73
₹605,386.83 ₹1,261,175.90
₹622,034.97 ₹639,140.93
₹639,140.93 ₹0.00
10,000,000.00
How many years it will take to get an amount of Rs 5,00
with an interest rate of 9% pa, with an initial of Deposit

PV -250,000
Rate 9%
FV 500,000

NPER 8.043232

You have a deposit of Rs 1,00,000 currently, you also de

in your account for the next 5 years.
With an interest rate of 10% per annum , how much you

Given
PV -100,000
PMT -5,000
Term 5years
Rate 10%
FV ? ₹551,716.25
What is CAGR ?

Compounded Annual Growth Rate

Year Sales
2011 1200
2012 2300 91.667% 192%
2013 3400 47.826% 148%
2014 4500 32.353% 132%
2015 3899 -13.356% 87%
Average 39.623% 0.34258872997
CAGR Formula (Final Value /Initial Value )^(1/n)-1

34.259%
Using RRI Function in excel 34.259%
CAGR is also called Geometric Mean

-1200
0
0
0
3899
34.26%
mount of Rs 5,00,000
initial of Deposit of 2,50,000

ently, you also deposit Rs 5,000 every month

m , how much you will have at the end of the period

 1000
2000 100.00%

alue )^(1/n)-1