Do Your Math Right A look at some commonly used terms
Future Value
Value of your goal/ lumpsum investment at the end of a certain time period at an assumed inflation rate/ rate of return
Future Value of SIP
Value of regular (monthly/quarterly) investment at the end of a certain time period at an assumed rate of return
Post-tax Returns
Returns after deducting taxes
Rule of 72
Time taken to double your money in an investment
Compounded Annual Growth Rate
Performance comparison of two or more investments in the long term
Human Life Value
Value of your life in terms of fulfilling financial responsibilties towards dependents