The annual income produce Rs 100 of interest per month at the rate of 5%. Find the Principal.
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Here's an example of an investment of INR 1,00,000 for ten years with an expected return rate of 12%. The inputs to be entered are:
Principal Amount: In the principal amount field, enter INR 100,000.
Investment Period: In the investment period field, enter 10 years.
Rate of Return: In the rate of return field, enter 12%.
The calculator then returns the following values along with a graphical representation:
Total Investment: INR 100,000
Wealth Gained: INR 210,585
Maturity Value: INR 310,585
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310,585
Step-by-step explanation:
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