Amount required for future corpus
Use Excel / Google sheets for simple
financial planning calculations
Problem:
Karthik is planning to visit Europe in 5
years on an estimated expense of 15 lakhs. How much should he invest in lumpsum
now?
Solution:
We can calculate this easily using Excel /
Google sheets PV function. Click here to see the solution and use the template
Previous tidbits :
Read My recent article to
understand how to calculate your investment returns and learn more about the
difference between returns from Fixed Deposits vs Mutual Funds.
http://bit.ly/ReturnEnglish
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