As we are approaching the financial year end (31 March), quite a few people will be contacting their financial advisors for investments (or financial advisors contacting you....to lure you into some attractive tax saving/pension/investing idea for future).
One of the marketing gimmick they will use is telling you how much a particular policy will fetch in so many years provided you pay a regular monthly/year sum.
I am uploading a compounding calculator,you can download it by clicking here
You can change the values of "amount" and "rate" in the table (Orange cells on right hand side)
Although the returns looks very attractive,how much practical they are I don't know.So be cautious,read the terms carefully and make a wise financial decision for yourself and your family
Good luck.
Related File
Download : Compounding Calculator Modifiable (Research Version)
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