Does Future value of investment includes monthly return also?
This query is : Resolved
22 March 2023
Future value of 50 lakhs invested before 19 years with rate of return of 12% amounts to Rs 4,30,63,000.
Whether this amount includes monthly return also?
If yes, how do I calculate future value of past investment (fv only the lump sum investment amt) excluding monthly return on such investment?
Whether this amount includes monthly return also?
If yes, how do I calculate future value of past investment (fv only the lump sum investment amt) excluding monthly return on such investment?
22 March 2023
No. It is compounded annually, so no monthly return included.
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