Tit Bit 44 (E) – Learn Spread sheet (Excel/Google sheet) Series

Amount required for future plans /Goals

Use Excel / Google sheets for simple financial planning calculations

Problem:

Radha thinks he can buy a house in 10 years. Current price is  40  lakhs. Expected Inflation is 7%. Then how much money should he have after  ten years to buy that house?

Solution:

FV - Calculating the required amount:

We can calculate this easily using Excel / Google sheets FV function.

Click here to see the solution and use the template

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Previous tidbits :

https://radhaconsultancy.blogspot.com/2017/11/tit-bits.html

To learn more about using excel function click here to find more articles and templates in excel

https://radhaconsultancy.blogspot.com/2016/05/a-gateway-to-mutual-funds.html