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Money Multiplier Tables |
| 1. How much you should save per month to achieve a specific target figure? |
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| Just multiply your target figure with the following and you will get the monthly savings. |
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| For eg. to achieve a target figure of Rs.10 lacs over 15 years at 10% interest you should save Rs.2410 per month. (10x241) |
|
Period |
8% |
9% |
10% |
11% |
12% |
(Per Hundred) |
| 10 years |
0.546 |
0.516 |
0.488 |
0.460 |
0.434 |
| 12 years |
0.415 |
0.388 |
0.361 |
0.336 |
0.313 |
| 15 years |
0.288 |
0.264 |
0.241 |
0.219 |
0.200 |
| 18 years |
0.208 |
0.186 |
0.166 |
0.148 |
0.131 |
| 20 years |
0.169 |
0.149 |
0.131 |
0.115 |
0.101 |
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| 2. How much you should invest (lump sum) to achieve a specific target figure? |
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| Just multiply your target figure with the following and you will arrive at the amount required to be invested |
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| For eg. to achieve a target figure of Rs.10 lacs over 8 years at 10% interest you should invest Rs.4,53,000 at present. (10,00,000x0.453) |
|
Period |
8% |
9% |
10% |
11% |
12% |
| 5 years | 0.672 | 0.640 | 0.610 | 0.581 | 0.553 |
| 6 years | 0.621 | 0.586 | 0.552 | 0.521 | 0.491 |
| 7 years | 0.574 | 0.536 | 0.500 | 0.467 | 0.437 |
| 8 years | 0.530 | 0.490 | 0.453 | 0.419 | 0.388 |
| 9 years | 0.490 | 0.448 | 0.411 | 0.376 | 0.345 |
| 10 years | 0.452 | 0.410 | 0.372 | 0.337 | 0.306 |
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| 3. How much does an investment (lump sum) grow? |
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| Just multiply the investment amount with the figure and you will arrive at the maturity value at the end of the specific period. |
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| For eg. if you invest Rs.1,00,000 for a period of 7 years at 10% interest you will get Rs.1,99,650 (1,00,000 x 1.996). |
|
Period |
8% |
9% |
10% |
11% |
12% |
| 5 years | 1.485 | 1.560 | 1.638 | 1.720 | 1.806 |
| 6 years | 1.608 | 1.705 | 1.808 | 1.917 | 2.032 |
| 7 years | 1.741 | 1.864 | 1.996 | 2.137 | 2.287 |
| 8 years | 1.884 | 2.038 | 2.203 | 2.382 | 2.575 |
| 9 years | 2.039 | 2.227 | 2.432 | 2.655 | 2.898 |
| 10 years | 2.208 | 2.435 | 2.685 | 2.959 | 3.262 |
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| 4. How does my monthly savings grow at the end of any specific period? |
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| Just multiply your monthly savings with the following figures and you will arrive at the maturity value of your savings at the end of a specific period.
For eg. if you invest Rs.10,000 per month for a period of 12 years at 9% interest the maturity value of your investment will be Rs.25,77,100. |
|
Period |
8% |
9% |
10% |
11% |
12% |
| 10 years |
182.94 |
193.51 |
204.84 |
216.99 |
230.03 |
| 12 years |
240.50 |
257.71 |
276.43 |
296.83 |
319.06 |
| 15 years |
346.03 |
378.40 |
414.47 |
454.68 |
459.58 |
| 18 years |
480.08 |
536.35 |
600.56 |
673.93 |
757.86 |
| 20 years |
589.02 |
667.88 |
759.36 |
865.63 |
989.25 |
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