For instance, let's suppose that you need to cobble together ₹10 crore over 40 years and you reckon on getting an investment return of 12% per year. If you pop the numbers into Excel, you'll see that you have to save a paltry-looking ₹7,960 per month.
If you start 10 years later, at the same 12% per year investment return, you'll now have to save a difficult ₹28,000 per month. What if we did fancy to get higher investment return, which would surely get us to our ₹10 crore over 20 years? Well, at ₹88,000 this is not easy. What about getting to ₹10 crore in 20 years with a smaller amount and a higher rate of return?
Esta historia es de la edición December 16, 2024 de The New Indian Express Kottayam.
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Esta historia es de la edición December 16, 2024 de The New Indian Express Kottayam.
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UDF leadership decides to formulate plans to resolve people's issues
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Chelsea's Mudryk fails drugs test: Club
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Soon, over dozen women to steer Kochi Metro's e-feeder autos
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Two arrested for dragging tribal man along road
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Drive responsibly or face music, MVD tells private bus operators
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RAHUL AND JADEJA BRING ORDER AS INDIA TAIL WAGS
Poor form and captaincy issues could be two unrelated things as Rohit falls for another low score on day four in Brisbane on Tuesday
RAHUL AND JADEJA BRING ORDER AS INDIA TAIL WAGS
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Two World Champions, 31 GMs, Tamil Nadu is the best: Anand
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Rana wouldn't have got into our playing XI: Gujarat coach Klinger
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Bid in satellite spectrum not feasible: Scindia
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