Lumpsum Investment Calculator

Lumpsum Investment Calculator

How it Works:

  1. Input Fields :

    • Users can input the lumpsum investment amount, the expected annual return rate (in percentage), and the number of years they plan to invest.
  2. Calculation :

    • The calculator uses the compound interest formula:
  3. Indian Currency Formatting :

    • The Intl.NumberFormat API is used to format the result in Indian currency (₹) with commas for thousands separators.
  4. Result Display :

    • The result is displayed in a user-friendly format showing the future value of the investment in Indian Rupees (₹).
 

Example:

If you invest ₹1,00,000 at an annual return rate of 10% for 5 years, the result will show:

Your investment of ₹1,00,000 will grow to ₹1,61,051.00 in 5 years at an annual return rate of 10%.

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