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<blockquote data-quote="PUKARIS" data-source="post: 22147941" data-attributes="member: 560784"><p>Capital of Fd end of year Interest at 10%</p><p>1200000 120000</p><p>2520000 252000</p><p>3972000 397200</p><p>5569200 556920</p><p>7326120 732612</p><p>9258732 925873.2</p><p>11384605.2 1138460.52</p><p></p><p>According to above at the end of 7 yrs you will have 113 laks. I calculated this considering the interest rate as 10% per annum. All you have to do is to put 1200000 laks to FD and renew it in every year.</p></blockquote><p></p>
[QUOTE="PUKARIS, post: 22147941, member: 560784"] Capital of Fd end of year Interest at 10% 1200000 120000 2520000 252000 3972000 397200 5569200 556920 7326120 732612 9258732 925873.2 11384605.2 1138460.52 According to above at the end of 7 yrs you will have 113 laks. I calculated this considering the interest rate as 10% per annum. All you have to do is to put 1200000 laks to FD and renew it in every year. [/QUOTE]
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