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Adding an SIP calculator for mutual funds.
The formula used by the SIP calculator is: FV = P × ({[1 + i]n – 1} / i) × (1 + i)
FV = Future value. P = SIP amount. i = Expected rate of return per frequency period. n = Number of instalments.
Using this calculator, users will be able to strategize their personal mutual funds investements.
Proposed design /feature.
The text was updated successfully, but these errors were encountered:
Hey @AnandK-pm, Welcome to the project CalcDiverse! 🎊 Thanks for opening an issue! 🙌 Please wait for the issue to be assigned. Happy Coding!! ✨
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Closing this issue myself as it is already implemented.
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Description
Adding an SIP calculator for mutual funds.
The formula used by the SIP calculator is:
FV = P × ({[1 + i]n – 1} / i) × (1 + i)
FV = Future value.
P = SIP amount.
i = Expected rate of return per frequency period.
n = Number of instalments.
Using this calculator, users will be able to strategize their personal mutual funds investements.
Screenshots
Proposed design /feature.
Checklist
Code of Conduct
The text was updated successfully, but these errors were encountered: