Use of
- If you only make monthly payments without cash, you can enter 0.
- If you have an additional amount to put each month, enter the monthly extra amount. otherwise, leave it as 0 or empty.
- Enter the expected annual return rate (%) and the investment period (years).
- If you have monthly payments, I recommend monthly repayments.
- If you press the Calculate button, you will see the expiration estimate amount, total investment amount, total earnings, return rate deduction, and the double period according to the law of 72.
Principles of calculation.
When the prime is P, the annual return rate is r (a few), and the period is t years, this calculator uses the formula below.
| Tagged as | Officially |
|---|---|
| Refunded money. | FV = P × (1+r)t |
| Tagged with: | Annual income A = monthly income × 12, FV = A × ((1+r)t − 1) ÷ r |
| Monetary Fund | i = r/12, n = t×12, FV = P × (1+i)n |
| Tagged hostile | FV = monthly income × ((1+i)n − 1) ÷ i |
When the rate of return is 0%, there is no interest, so the expiration estimate is treated as the sum of the initial investment. The monthly earnings calculation in the annuity mode is a close method of calculating the monthly money that is put together in open units, so when you have monthly earnings, the monthly reimbursement mode is closer to the actual cash flow.
If you calculate the difference between a single and a good person, it will be as follows: When you pay $1,000,000 to 5% for 20 years, the single is 10,000,000 × (1 + 0.05×20) = 20,000,000, but the repeat is 10,000,000 × 1.0520 = 26,532,977 yuan, about 2,653 thousand yuan. With the same interest rate and the same period, there is a difference of 653 thousand yuan, and if the period is extended to 30 years, 40 years, the gap is much larger.
| Method of use. | Evaluation amount after 20 years (income of 10 million, annual 5%) |
|---|---|
| single is | 2 thousand |
| 연복리 | About 2,653 million (26,532,977 million) |
This calculator is a benchmark for pre-tax nominal earnings criteria that does not reflect the rate of tax, fee, and water increase. The actual investment performance depends on the structure of the commodity and the method of taxation.
Knowing good information.
The law of 72 is a quick way to overcome the time period during which an asset is doubled. Dividing 72 by the earnings rate (%) gives you an approximately double period (year). Annually 4% is about 18 years, annually 6% is about 12 years, and annually 8% is about 9 years. The exact value should be obtained as log(2)/log(1+r), but in the range of earnings rates 4 to 12% the law of 72 is quite practical for small deviations.
The core of the benefit effect is time. At the beginning, it seems that there is no big difference between the interest rate and the interest rate, but the curve rises steeply and steeply as the interest rate generates interest. For example, if you earn $50 per month with a monthly 6% monthly benefit, then after 10 years, the valuation amount will be around $8,194 for $2,194 compared to $6,000 for investments. With the same conditions for 20 years, the benefit effect will be much greater, so it is important to start early and keep it for a long time to raise the profit rate a little.
Another thing to remember is the difference between the rate of return and the total return. If you look at how many times the expiration estimate (rate of return) is compared, you can compare the effectiveness of the period and rate of return combinations in a glance. You can use this calculator to change the rate of return by 1%p or increase the period to five years, and you can directly check the sensitivity of your savings and investment plan. You can use the example and discount comparison of the post-tax error criteria together with the deposit and deposit calculator.
Frequently asked questions.
What is the difference between single and single?
In the case of a single loan, the interest is attached only to the original money, and the interest is attached again to the interest that has arisen from the benefit. If the original money is used for 20 years with a rate of 5,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000
What is the rule of 72?
In a formula that calculates the amount of time it takes to double an asset, divide 72 by the annual return rate (%) 72÷6 = about 12 years, and 8% = about 9 years.
Which side of the mouthpiece and mouthpiece is better?
If the annual return rate is the same, the shortest monthly return is a little more advantageous because interest is more often added to the original money and generates a return. But if the annual return rate is one digit, the difference is not large, and in real investments the goods follow a fixed profit cycle, so use both methods to compute and compare.
Are taxes and fees reflected in this calculation?
This calculator is a reference near value for the pre-tax income criterion. In actual investments, the realised income varies depending on interest, share income tax (generic source tax 15.4%), sales fee, fund reimbursement, water price rise rate, etc. Deposits can be calculated by reflecting to tax from the cash and deposit calculator.
Why is the monthly payroll different from the monthly payroll?
In the recovery mode, it is because it uses a close method of calculating the monthly earned amount x 12 as a single earned amount. In order to accurately reflect the actual flow of the money you put in each month, the monthly earned amount in monthly units is more suitable, so we recommend using the monthly earned amount mode if you have a monthly earned amount.