Most suggested route in personal finance world to achieve long term financial goal is via making regular investment or popularly known as Systematic Investment Plan or SIP.
Now, this brings important questions
- How much you can expect to save, if you invest an X amount for Y period at expected rate of Z%?
- How much return will differ, if I save at the beginning of the month or at the end of the month?
- What is the absolute return %?
- What is the effective annualized return? etc.
To answer this basic questions, I have made small Excel spreadsheet, feel free to download from here and play around.
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