Market is dull, so let's play a game

I was just playing with an investment calculator and found something amazing.
If you start investing at the age of 25 and up to the age of 60,
If you save Rs.20,000 every month and make just 1.66% a month or 20% a year (both of which are not at all difficult if you allocate half an hour a day to update yourself)
you'll save 8.400,000 throughout 35 years.
The game is , guess how much PROFIT you'll make without actually calculating. Post the amount that first comes into your mind.

My guesstimate is Rs300Mn

When it is compounded i guess you should be able to make about 180Mn

Both wrong. Try again

72 Million...

Nope

sorry 7.2 Million .... Missed the "."

Nooo. Not even close

((20000*1.16)^12)^35 less 8,400,000 sorry... my cal exploded!!!

Of course the calculators explode. Even most of the online calculators can't do it. It's 1,200,000,000. 1200 millions. You have to find the future value of annuity with installment payments monthly. I'll post a link for you to try it yourself.

http://www.coolmath.com/calculators/calculator-annuity-1.html[url][/url]

How much do you want to invest (save) monthly or yearly? 20,000
What yearly interest rate do you want to invest at? 20
How many years do you want to do this? 35
Then click 'MONTHLY- Crunch it

zen wrote:Of course the calculators explode. Even most of the online calculators can't do it. It's 1,200,000,000. 1200 millions. You have to find the future value of annuity with installment payments monthly. I'll post a link for you to try it yourself.

1 20,000.00 1.66% 332.00 20,332.00
2 20,000.00 20,332.00 40,332.00 1.66% 669.51 41,001.51
3 20,000.00 41,001.51 61,001.51 1.66% 1,012.63 62,014.14
4 20,000.00 62,014.14 82,014.14 1.66% 1,361.43 83,375.57
5 20,000.00 83,375.57 103,375.57 1.66% 1,716.03 105,091.61
6 20,000.00 105,091.61 125,091.61 1.66% 2,076.52 127,168.13
7 20,000.00 127,168.13 147,168.13 1.66% 2,442.99 149,611.12
8 20,000.00 149,611.12 169,611.12 1.66% 2,815.54 172,426.66
9 20,000.00 172,426.66 192,426.66 1.66% 3,194.28 195,620.94
10 20,000.00 195,620.94 215,620.94 1.66% 3,579.31 219,200.25
11 20,000.00 219,200.25 239,200.25 1.66% 3,970.72 243,170.98
12 20,000.00 243,170.98 263,170.98 1.66% 4,368.64 267,539.61
13 20,000.00 267,539.61 287,539.61 1.66% 4,773.16 292,312.77
14 20,000.00 292,312.77 312,312.77 1.66% 5,184.39 317,497.16
15 20,000.00 317,497.16 337,497.16 1.66% 5,602.45 343,099.62
16 20,000.00 343,099.62 363,099.62 1.66% 6,027.45 369,127.07
17 20,000.00 369,127.07 389,127.07 1.66% 6,459.51 395,586.58
18 20,000.00 395,586.58 415,586.58 1.66% 6,898.74 422,485.32
19 20,000.00 422,485.32 442,485.32 1.66% 7,345.26 449,830.57
20 20,000.00 449,830.57 469,830.57 1.66% 7,799.19 477,629.76
21 20,000.00 477,629.76 497,629.76 1.66% 8,260.65 505,890.41
22 20,000.00 505,890.41 525,890.41 1.66% 8,729.78 534,620.20
23 20,000.00 534,620.20 554,620.20 1.66% 9,206.70 563,826.89
24 20,000.00 563,826.89 583,826.89 1.66% 9,691.53 593,518.42
25 20,000.00 593,518.42 613,518.42 1.66% 10,184.41 623,702.82
26 20,000.00 623,702.82 643,702.82 1.66% 10,685.47 654,388.29
27 20,000.00 654,388.29 674,388.29 1.66% 11,194.85 685,583.14
28 20,000.00 685,583.14 705,583.14 1.66% 11,712.68 717,295.82
29 20,000.00 717,295.82 737,295.82 1.66% 12,239.11 749,534.93
30 20,000.00 749,534.93 769,534.93 1.66% 12,774.28 782,309.21
31 20,000.00 782,309.21 802,309.21 1.66% 13,318.33 815,627.54
32 20,000.00 815,627.54 835,627.54 1.66% 13,871.42 849,498.96
33 20,000.00 849,498.96 869,498.96 1.66% 14,433.68 883,932.64
34 20,000.00 883,932.64 903,932.64 1.66% 15,005.28 918,937.92
35 20,000.00 918,937.92 938,937.92 1.66% 15,586.37 954,524.29
36 20,000.00 954,524.29 974,524.29 1.66% 16,177.10 990,701.39
37 20,000.00 990,701.39 1,010,701.39 1.66% 16,777.64 1,027,479.04
38 20,000.00 1,027,479.04 1,047,479.04 1.66% 17,388.15 1,064,867.19
39 20,000.00 1,064,867.19 1,084,867.19 1.66% 18,008.80 1,102,875.98
40 20,000.00 1,102,875.98 1,122,875.98 1.66% 18,639.74 1,141,515.72
41 20,000.00 1,141,515.72 1,161,515.72 1.66% 19,281.16 1,180,796.89
42 20,000.00 1,180,796.89 1,200,796.89 1.66% 19,933.23 1,220,730.11
43 20,000.00 1,220,730.11 1,240,730.11 1.66% 20,596.12 1,261,326.23
44 20,000.00 1,261,326.23 1,281,326.23 1.66% 21,270.02 1,302,596.25
45 20,000.00 1,302,596.25 1,322,596.25 1.66% 21,955.10 1,344,551.35
46 20,000.00 1,344,551.35 1,364,551.35 1.66% 22,651.55 1,387,202.90
47 20,000.00 1,387,202.90 1,407,202.90 1.66% 23,359.57 1,430,562.47
48 20,000.00 1,430,562.47 1,450,562.47 1.66% 24,079.34 1,474,641.80
49 20,000.00 1,474,641.80 1,494,641.80 1.66% 24,811.05 1,519,452.86
50 20,000.00 1,519,452.86 1,539,452.86 1.66% 25,554.92 1,565,007.78
51 20,000.00 1,565,007.78 1,585,007.78 1.66% 26,311.13 1,611,318.91
52 20,000.00 1,611,318.91 1,631,318.91 1.66% 27,079.89 1,658,398.80
53 20,000.00 1,658,398.80 1,678,398.80 1.66% 27,861.42 1,706,260.22
54 20,000.00 1,706,260.22 1,726,260.22 1.66% 28,655.92 1,754,916.14
55 20,000.00 1,754,916.14 1,774,916.14 1.66% 29,463.61 1,804,379.75
56 20,000.00 1,804,379.75 1,824,379.75 1.66% 30,284.70 1,854,664.45
57 20,000.00 1,854,664.45 1,874,664.45 1.66% 31,119.43 1,905,783.88
58 20,000.00 1,905,783.88 1,925,783.88 1.66% 31,968.01 1,957,751.89
59 20,000.00 1,957,751.89 1,977,751.89 1.66% 32,830.68 2,010,582.57
60 20,000.00 2,010,582.57 2,030,582.57 1.66% 33,707.67 2,064,290.24
61 20,000.00 2,064,290.24 2,084,290.24 1.66% 34,599.22 2,118,889.46
62 20,000.00 2,118,889.46 2,138,889.46 1.66% 35,505.57 2,174,395.03
63 20,000.00 2,174,395.03 2,194,395.03 1.66% 36,426.96 2,230,821.99
64 20,000.00 2,230,821.99 2,250,821.99 1.66% 37,363.64 2,288,185.63
65 20,000.00 2,288,185.63 2,308,185.63 1.66% 38,315.88 2,346,501.51
66 20,000.00 2,346,501.51 2,366,501.51 1.66% 39,283.93 2,405,785.44
67 20,000.00 2,405,785.44 2,425,785.44 1.66% 40,268.04 2,466,053.48
68 20,000.00 2,466,053.48 2,486,053.48 1.66% 41,268.49 2,527,321.96
69 20,000.00 2,527,321.96 2,547,321.96 1.66% 42,285.54 2,589,607.51
70 20,000.00 2,589,607.51 2,609,607.51 1.66% 43,319.48 2,652,926.99
71 20,000.00 2,652,926.99 2,672,926.99 1.66% 44,370.59 2,717,297.58
72 20,000.00 2,717,297.58 2,737,297.58 1.66% 45,439.14 2,782,736.72
73 20,000.00 2,782,736.72 2,802,736.72 1.66% 46,525.43 2,849,262.15
74 20,000.00 2,849,262.15 2,869,262.15 1.66% 47,629.75 2,916,891.90
75 20,000.00 2,916,891.90 2,936,891.90 1.66% 48,752.41 2,985,644.31
76 20,000.00 2,985,644.31 3,005,644.31 1.66% 49,893.70 3,055,538.00
77 20,000.00 3,055,538.00 3,075,538.00 1.66% 51,053.93 3,126,591.93
78 20,000.00 3,126,591.93 3,146,591.93 1.66% 52,233.43 3,198,825.36
79 20,000.00 3,198,825.36 3,218,825.36 1.66% 53,432.50 3,272,257.86
80 20,000.00 3,272,257.86 3,292,257.86 1.66% 54,651.48 3,346,909.34
81 20,000.00 3,346,909.34 3,366,909.34 1.66% 55,890.70 3,422,800.04
82 20,000.00 3,422,800.04 3,442,800.04 1.66% 57,150.48 3,499,950.52
83 20,000.00 3,499,950.52 3,519,950.52 1.66% 58,431.18 3,578,381.69
84 20,000.00 3,578,381.69 3,598,381.69 1.66% 59,733.14 3,658,114.83
85 20,000.00 3,658,114.83 3,678,114.83 1.66% 61,056.71 3,739,171.54
86 20,000.00 3,739,171.54 3,759,171.54 1.66% 62,402.25 3,821,573.78
87 20,000.00 3,821,573.78 3,841,573.78 1.66% 63,770.12 3,905,343.91
88 20,000.00 3,905,343.91 3,925,343.91 1.66% 65,160.71 3,990,504.62
89 20,000.00 3,990,504.62 4,010,504.62 1.66% 66,574.38 4,077,078.99
90 20,000.00 4,077,078.99 4,097,078.99 1.66% 68,011.51 4,165,090.51
91 20,000.00 4,165,090.51 4,185,090.51 1.66% 69,472.50 4,254,563.01
92 20,000.00 4,254,563.01 4,274,563.01 1.66% 70,957.75 4,345,520.75
93 20,000.00 4,345,520.75 4,365,520.75 1.66% 72,467.64 4,437,988.40
94 20,000.00 4,437,988.40 4,457,988.40 1.66% 74,002.61 4,531,991.01
95 20,000.00 4,531,991.01 4,551,991.01 1.66% 75,563.05 4,627,554.06
96 20,000.00 4,627,554.06 4,647,554.06 1.66% 77,149.40 4,724,703.45
97 20,000.00 4,724,703.45 4,744,703.45 1.66% 78,762.08 4,823,465.53
98 20,000.00 4,823,465.53 4,843,465.53 1.66% 80,401.53 4,923,867.06
99 20,000.00 4,923,867.06 4,943,867.06 1.66% 82,068.19 5,025,935.25
100 20,000.00 5,025,935.25 5,045,935.25 1.66% 83,762.53 5,129,697.78
101 20,000.00 5,129,697.78 5,149,697.78 1.66% 85,484.98 5,235,182.76
102 20,000.00 5,235,182.76 5,255,182.76 1.66% 87,236.03 5,342,418.80
103 20,000.00 5,342,418.80 5,362,418.80 1.66% 89,016.15 5,451,434.95
104 20,000.00 5,451,434.95 5,471,434.95 1.66% 90,825.82 5,562,260.77
105 20,000.00 5,562,260.77 5,582,260.77 1.66% 92,665.53 5,674,926.30
106 20,000.00 5,674,926.30 5,694,926.30 1.66% 94,535.78 5,789,462.07
107 20,000.00 5,789,462.07 5,809,462.07 1.66% 96,437.07 5,905,899.14
108 20,000.00 5,905,899.14 5,925,899.14 1.66% 98,369.93 6,024,269.07
109 20,000.00 6,024,269.07 6,044,269.07 1.66% 100,334.87 6,144,603.94
110 20,000.00 6,144,603.94 6,164,603.94 1.66% 102,332.43 6,266,936.36
111 20,000.00 6,266,936.36 6,286,936.36 1.66% 104,363.14 6,391,299.50
112 20,000.00 6,391,299.50 6,411,299.50 1.66% 106,427.57 6,517,727.08
113 20,000.00 6,517,727.08 6,537,727.08 1.66% 108,526.27 6,646,253.35
114 20,000.00 6,646,253.35 6,666,253.35 1.66% 110,659.81 6,776,913.15
115 20,000.00 6,776,913.15 6,796,913.15 1.66% 112,828.76 6,909,741.91
116 20,000.00 6,909,741.91 6,929,741.91 1.66% 115,033.72 7,044,775.62
117 20,000.00 7,044,775.62 7,064,775.62 1.66% 117,275.28 7,182,050.90
118 20,000.00 7,182,050.90 7,202,050.90 1.66% 119,554.04 7,321,604.95
119 20,000.00 7,321,604.95 7,341,604.95 1.66% 121,870.64 7,463,475.59
120 20,000.00 7,463,475.59 7,483,475.59 1.66% 124,225.69 7,607,701.28
121 20,000.00 7,607,701.28 7,627,701.28 1.66% 126,619.84 7,754,321.12
122 20,000.00 7,754,321.12 7,774,321.12 1.66% 129,053.73 7,903,374.85
123 20,000.00 7,903,374.85 7,923,374.85 1.66% 131,528.02 8,054,902.88
124 20,000.00 8,054,902.88 8,074,902.88 1.66% 134,043.39 8,208,946.26
125 20,000.00 8,208,946.26 8,228,946.26 1.66% 136,600.51 8,365,546.77
126 20,000.00 8,365,546.77 8,385,546.77 1.66% 139,200.08 8,524,746.85
127 20,000.00 8,524,746.85 8,544,746.85 1.66% 141,842.80 8,686,589.65
128 20,000.00 8,686,589.65 8,706,589.65 1.66% 144,529.39 8,851,119.03
129 20,000.00 8,851,119.03 8,871,119.03 1.66% 147,260.58 9,018,379.61
130 20,000.00 9,018,379.61 9,038,379.61 1.66% 150,037.10 9,188,416.71
131 20,000.00 9,188,416.71 9,208,416.71 1.66% 152,859.72 9,361,276.43
132 20,000.00 9,361,276.43 9,381,276.43 1.66% 155,729.19 9,537,005.62
133 20,000.00 9,537,005.62 9,557,005.62 1.66% 158,646.29 9,715,651.91
134 20,000.00 9,715,651.91 9,735,651.91 1.66% 161,611.82 9,897,263.73
135 20,000.00 9,897,263.73 9,917,263.73 1.66% 164,626.58 10,081,890.31
136 20,000.00 10,081,890.31 10,101,890.31 1.66% 167,691.38 10,269,581.69
137 20,000.00 10,269,581.69 10,289,581.69 1.66% 170,807.06 10,460,388.75
138 20,000.00 10,460,388.75 10,480,388.75 1.66% 173,974.45 10,654,363.20
139 20,000.00 10,654,363.20 10,674,363.20 1.66% 177,194.43 10,851,557.63
140 20,000.00 10,851,557.63 10,871,557.63 1.66% 180,467.86 11,052,025.49
141 20,000.00 11,052,025.49 11,072,025.49 1.66% 183,795.62 11,255,821.11
142 20,000.00 11,255,821.11 11,275,821.11 1.66% 187,178.63 11,462,999.74
143 20,000.00 11,462,999.74 11,482,999.74 1.66% 190,617.80 11,673,617.53
144 20,000.00 11,673,617.53 11,693,617.53 1.66% 194,114.05 11,887,731.59
145 20,000.00 11,887,731.59 11,907,731.59 1.66% 197,668.34 12,105,399.93
146 20,000.00 12,105,399.93 12,125,399.93 1.66% 201,281.64 12,326,681.57
147 20,000.00 12,326,681.57 12,346,681.57 1.66% 204,954.91 12,551,636.48
148 20,000.00 12,551,636.48 12,571,636.48 1.66% 208,689.17 12,780,325.65
149 20,000.00 12,780,325.65 12,800,325.65 1.66% 212,485.41 13,012,811.05
150 20,000.00 13,012,811.05 13,032,811.05 1.66% 216,344.66 13,249,155.72
151 20,000.00 13,249,155.72 13,269,155.72 1.66% 220,267.98 13,489,423.70
152 20,000.00 13,489,423.70 13,509,423.70 1.66% 224,256.43 13,733,680.14
153 20,000.00 13,733,680.14 13,753,680.14 1.66% 228,311.09 13,981,991.23
154 20,000.00 13,981,991.23 14,001,991.23 1.66% 232,433.05 14,234,424.28
155 20,000.00 14,234,424.28 14,254,424.28 1.66% 236,623.44 14,491,047.72
156 20,000.00 14,491,047.72 14,511,047.72 1.66% 240,883.39 14,751,931.12
157 20,000.00 14,751,931.12 14,771,931.12 1.66% 245,214.06 15,017,145.17
158 20,000.00 15,017,145.17 15,037,145.17 1.66% 249,616.61 15,286,761.78
159 20,000.00 15,286,761.78 15,306,761.78 1.66% 254,092.25 15,560,854.03
160 20,000.00 15,560,854.03 15,580,854.03 1.66% 258,642.18 15,839,496.20
161 20,000.00 15,839,496.20 15,859,496.20 1.66% 263,267.64 16,122,763.84
162 20,000.00 16,122,763.84 16,142,763.84 1.66% 267,969.88 16,410,733.72
163 20,000.00 16,410,733.72 16,430,733.72 1.66% 272,750.18 16,703,483.90
164 20,000.00 16,703,483.90 16,723,483.90 1.66% 277,609.83 17,001,093.73
165 20,000.00 17,001,093.73 17,021,093.73 1.66% 282,550.16 17,303,643.89
166 20,000.00 17,303,643.89 17,323,643.89 1.66% 287,572.49 17,611,216.38
167 20,000.00 17,611,216.38 17,631,216.38 1.66% 292,678.19 17,923,894.57
168 20,000.00 17,923,894.57 17,943,894.57 1.66% 297,868.65 18,241,763.22
169 20,000.00 18,241,763.22 18,261,763.22 1.66% 303,145.27 18,564,908.49
170 20,000.00 18,564,908.49 18,584,908.49 1.66% 308,509.48 18,893,417.97
171 20,000.00 18,893,417.97 18,913,417.97 1.66% 313,962.74 19,227,380.71
172 20,000.00 19,227,380.71 19,247,380.71 1.66% 319,506.52 19,566,887.23
173 20,000.00 19,566,887.23 19,586,887.23 1.66% 325,142.33 19,912,029.56
174 20,000.00 19,912,029.56 19,932,029.56 1.66% 330,871.69 20,262,901.25
175 20,000.00 20,262,901.25 20,282,901.25 1.66% 336,696.16 20,619,597.41
176 20,000.00 20,619,597.41 20,639,597.41 1.66% 342,617.32 20,982,214.72
177 20,000.00 20,982,214.72 21,002,214.72 1.66% 348,636.76 21,350,851.49
178 20,000.00 21,350,851.49 21,370,851.49 1.66% 354,756.13 21,725,607.62
179 20,000.00 21,725,607.62 21,745,607.62 1.66% 360,977.09 22,106,584.71
180 20,000.00 22,106,584.71 22,126,584.71 1.66% 367,301.31 22,493,886.02
181 20,000.00 22,493,886.02 22,513,886.02 1.66% 373,730.51 22,887,616.52
182 20,000.00 22,887,616.52 22,907,616.52 1.66% 380,266.43 23,287,882.96
183 20,000.00 23,287,882.96 23,307,882.96 1.66% 386,910.86 23,694,793.82
184 20,000.00 23,694,793.82 23,714,793.82 1.66% 393,665.58 24,108,459.39
185 20,000.00 24,108,459.39 24,128,459.39 1.66% 400,532.43 24,528,991.82
186 20,000.00 24,528,991.82 24,548,991.82 1.66% 407,513.26 24,956,505.08
187 20,000.00 24,956,505.08 24,976,505.08 1.66% 414,609.98 25,391,115.07
188 20,000.00 25,391,115.07 25,411,115.07 1.66% 421,824.51 25,832,939.58
189 20,000.00 25,832,939.58 25,852,939.58 1.66% 429,158.80 26,282,098.37
190 20,000.00 26,282,098.37 26,302,098.37 1.66% 436,614.83 26,738,713.21
191 20,000.00 26,738,713.21 26,758,713.21 1.66% 444,194.64 27,202,907.85
192 20,000.00 27,202,907.85 27,222,907.85 1.66% 451,900.27 27,674,808.12
193 20,000.00 27,674,808.12 27,694,808.12 1.66% 459,733.81 28,154,541.93
194 20,000.00 28,154,541.93 28,174,541.93 1.66% 467,697.40 28,642,239.33
195 20,000.00 28,642,239.33 28,662,239.33 1.66% 475,793.17 29,138,032.50
196 20,000.00 29,138,032.50 29,158,032.50 1.66% 484,023.34 29,642,055.84
197 20,000.00 29,642,055.84 29,662,055.84 1.66% 492,390.13 30,154,445.97
198 20,000.00 30,154,445.97 30,174,445.97 1.66% 500,895.80 30,675,341.77
199 20,000.00 30,675,341.77 30,695,341.77 1.66% 509,542.67 31,204,884.44
200 20,000.00 31,204,884.44 31,224,884.44 1.66% 518,333.08 31,743,217.53
201 20,000.00 31,743,217.53 31,763,217.53 1.66% 527,269.41 32,290,486.94
202 20,000.00 32,290,486.94 32,310,486.94 1.66% 536,354.08 32,846,841.02
203 20,000.00 32,846,841.02 32,866,841.02 1.66% 545,589.56 33,412,430.58
204 20,000.00 33,412,430.58 33,432,430.58 1.66% 554,978.35 33,987,408.93
205 20,000.00 33,987,408.93 34,007,408.93 1.66% 564,522.99 34,571,931.92
206 20,000.00 34,571,931.92 34,591,931.92 1.66% 574,226.07 35,166,157.99
207 20,000.00 35,166,157.99 35,186,157.99 1.66% 584,090.22 35,770,248.21
208 20,000.00 35,770,248.21 35,790,248.21 1.66% 594,118.12 36,384,366.33
209 20,000.00 36,384,366.33 36,404,366.33 1.66% 604,312.48 37,008,678.81
210 20,000.00 37,008,678.81 37,028,678.81 1.66% 614,676.07 37,643,354.88
211 20,000.00 37,643,354.88 37,663,354.88 1.66% 625,211.69 38,288,566.57
212 20,000.00 38,288,566.57 38,308,566.57 1.66% 635,922.21 38,944,488.77
213 20,000.00 38,944,488.77 38,964,488.77 1.66% 646,810.51 39,611,299.29
214 20,000.00 39,611,299.29 39,631,299.29 1.66% 657,879.57 40,289,178.86
215 20,000.00 40,289,178.86 40,309,178.86 1.66% 669,132.37 40,978,311.23
216 20,000.00 40,978,311.23 40,998,311.23 1.66% 680,571.97 41,678,883.19
217 20,000.00 41,678,883.19 41,698,883.19 1.66% 692,201.46 42,391,084.65
218 20,000.00 42,391,084.65 42,411,084.65 1.66% 704,024.01 43,115,108.66
219 20,000.00 43,115,108.66 43,135,108.66 1.66% 716,042.80 43,851,151.46
220 20,000.00 43,851,151.46 43,871,151.46 1.66% 728,261.11 44,599,412.58
221 20,000.00 44,599,412.58 44,619,412.58 1.66% 740,682.25 45,360,094.82
222 20,000.00 45,360,094.82 45,380,094.82 1.66% 753,309.57 46,133,404.40
223 20,000.00 46,133,404.40 46,153,404.40 1.66% 766,146.51 46,919,550.91
224 20,000.00 46,919,550.91 46,939,550.91 1.66% 779,196.55 47,718,747.46
225 20,000.00 47,718,747.46 47,738,747.46 1.66% 792,463.21 48,531,210.66
226 20,000.00 48,531,210.66 48,551,210.66 1.66% 805,950.10 49,357,160.76
227 20,000.00 49,357,160.76 49,377,160.76 1.66% 819,660.87 50,196,821.63
228 20,000.00 50,196,821.63 50,216,821.63 1.66% 833,599.24 51,050,420.87
229 20,000.00 51,050,420.87 51,070,420.87 1.66% 847,768.99 51,918,189.86
230 20,000.00 51,918,189.86 51,938,189.86 1.66% 862,173.95 52,800,363.81
231 20,000.00 52,800,363.81 52,820,363.81 1.66% 876,818.04 53,697,181.85
232 20,000.00 53,697,181.85 53,717,181.85 1.66% 891,705.22 54,608,887.07
233 20,000.00 54,608,887.07 54,628,887.07 1.66% 906,839.53 55,535,726.59
234 20,000.00 55,535,726.59 55,555,726.59 1.66% 922,225.06 56,477,951.65
235 20,000.00 56,477,951.65 56,497,951.65 1.66% 937,866.00 57,435,817.65
236 20,000.00 57,435,817.65 57,455,817.65 1.66% 953,766.57 58,409,584.22
237 20,000.00 58,409,584.22 58,429,584.22 1.66% 969,931.10 59,399,515.32
238 20,000.00 59,399,515.32 59,419,515.32 1.66% 986,363.95 60,405,879.27
239 20,000.00 60,405,879.27 60,425,879.27 1.66% 1,003,069.60 61,428,948.87
240 20,000.00 61,428,948.87 61,448,948.87 1.66% 1,020,052.55 62,469,001.42
241 20,000.00 62,469,001.42 62,489,001.42 1.66% 1,037,317.42 63,526,318.85
242 20,000.00 63,526,318.85 63,546,318.85 1.66% 1,054,868.89 64,601,187.74
243 20,000.00 64,601,187.74 64,621,187.74 1.66% 1,072,711.72 65,693,899.46
244 20,000.00 65,693,899.46 65,713,899.46 1.66% 1,090,850.73 66,804,750.19
245 20,000.00 66,804,750.19 66,824,750.19 1.66% 1,109,290.85 67,934,041.04
246 20,000.00 67,934,041.04 67,954,041.04 1.66% 1,128,037.08 69,082,078.12
247 20,000.00 69,082,078.12 69,102,078.12 1.66% 1,147,094.50 70,249,172.62
248 20,000.00 70,249,172.62 70,269,172.62 1.66% 1,166,468.27 71,435,640.88
249 20,000.00 71,435,640.88 71,455,640.88 1.66% 1,186,163.64 72,641,804.52
250 20,000.00 72,641,804.52 72,661,804.52 1.66% 1,206,185.96 73,867,990.48
251 20,000.00 73,867,990.48 73,887,990.48 1.66% 1,226,540.64 75,114,531.12
252 20,000.00 75,114,531.12 75,134,531.12 1.66% 1,247,233.22 76,381,764.33
253 20,000.00 76,381,764.33 76,401,764.33 1.66% 1,268,269.29 77,670,033.62
254 20,000.00 77,670,033.62 77,690,033.62 1.66% 1,289,654.56 78,979,688.18
255 20,000.00 78,979,688.18 78,999,688.18 1.66% 1,311,394.82 80,311,083.00
256 20,000.00 80,311,083.00 80,331,083.00 1.66% 1,333,495.98 81,664,578.98
257 20,000.00 81,664,578.98 81,684,578.98 1.66% 1,355,964.01 83,040,542.99
258 20,000.00 83,040,542.99 83,060,542.99 1.66% 1,378,805.01 84,439,348.01
259 20,000.00 84,439,348.01 84,459,348.01 1.66% 1,402,025.18 85,861,373.18
260 20,000.00 85,861,373.18 85,881,373.18 1.66% 1,425,630.79 87,307,003.98
261 20,000.00 87,307,003.98 87,327,003.98 1.66% 1,449,628.27 88,776,632.25
262 20,000.00 88,776,632.25 88,796,632.25 1.66% 1,474,024.10 90,270,656.34
263 20,000.00 90,270,656.34 90,290,656.34 1.66% 1,498,824.90 91,789,481.24
264 20,000.00 91,789,481.24 91,809,481.24 1.66% 1,524,037.39 93,333,518.62
265 20,000.00 93,333,518.62 93,353,518.62 1.66% 1,549,668.41 94,903,187.03
266 20,000.00 94,903,187.03 94,923,187.03 1.66% 1,575,724.90 96,498,911.94
267 20,000.00 96,498,911.94 96,518,911.94 1.66% 1,602,213.94 98,121,125.88
268 20,000.00 98,121,125.88 98,141,125.88 1.66% 1,629,142.69 99,770,268.57
269 20,000.00 99,770,268.57 99,790,268.57 1.66% 1,656,518.46 101,446,787.02
270 20,000.00 101,446,787.02 101,466,787.02 1.66% 1,684,348.66 103,151,135.69
271 20,000.00 103,151,135.69 103,171,135.69 1.66% 1,712,640.85 104,883,776.54
272 20,000.00 104,883,776.54 104,903,776.54 1.66% 1,741,402.69 106,645,179.23
273 20,000.00 106,645,179.23 106,665,179.23 1.66% 1,770,641.98 108,435,821.21
274 20,000.00 108,435,821.21 108,455,821.21 1.66% 1,800,366.63 110,256,187.84
275 20,000.00 110,256,187.84 110,276,187.84 1.66% 1,830,584.72 112,106,772.56
276 20,000.00 112,106,772.56 112,126,772.56 1.66% 1,861,304.42 113,988,076.98
277 20,000.00 113,988,076.98 114,008,076.98 1.66% 1,892,534.08 115,900,611.06
278 20,000.00 115,900,611.06 115,920,611.06 1.66% 1,924,282.14 117,844,893.20
279 20,000.00 117,844,893.20 117,864,893.20 1.66% 1,956,557.23 119,821,450.43
280 20,000.00 119,821,450.43 119,841,450.43 1.66% 1,989,368.08 121,830,818.51
281 20,000.00 121,830,818.51 121,850,818.51 1.66% 2,022,723.59 123,873,542.09
282 20,000.00 123,873,542.09 123,893,542.09 1.66% 2,056,632.80 125,950,174.89
283 20,000.00 125,950,174.89 125,970,174.89 1.66% 2,091,104.90 128,061,279.80
284 20,000.00 128,061,279.80 128,081,279.80 1.66% 2,126,149.24 130,207,429.04
285 20,000.00 130,207,429.04 130,227,429.04 1.66% 2,161,775.32 132,389,204.36
286 20,000.00 132,389,204.36 132,409,204.36 1.66% 2,197,992.79 134,607,197.16
287 20,000.00 134,607,197.16 134,627,197.16 1.66% 2,234,811.47 136,862,008.63
288 20,000.00 136,862,008.63 136,882,008.63 1.66% 2,272,241.34 139,154,249.97
289 20,000.00 139,154,249.97 139,174,249.97 1.66% 2,310,292.55 141,484,542.52
290 20,000.00 141,484,542.52 141,504,542.52 1.66% 2,348,975.41 143,853,517.93
291 20,000.00 143,853,517.93 143,873,517.93 1.66% 2,388,300.40 146,261,818.32
292 20,000.00 146,261,818.32 146,281,818.32 1.66% 2,428,278.18 148,710,096.51
293 20,000.00 148,710,096.51 148,730,096.51 1.66% 2,468,919.60 151,199,016.11
294 20,000.00 151,199,016.11 151,219,016.11 1.66% 2,510,235.67 153,729,251.78
295 20,000.00 153,729,251.78 153,749,251.78 1.66% 2,552,237.58 156,301,489.36
296 20,000.00 156,301,489.36 156,321,489.36 1.66% 2,594,936.72 158,916,426.08
297 20,000.00 158,916,426.08 158,936,426.08 1.66% 2,638,344.67 161,574,770.75
298 20,000.00 161,574,770.75 161,594,770.75 1.66% 2,682,473.19 164,277,243.95
299 20,000.00 164,277,243.95 164,297,243.95 1.66% 2,727,334.25 167,024,578.20
300 20,000.00 167,024,578.20 167,044,578.20 1.66% 2,772,940.00 169,817,518.20
301 20,000.00 169,817,518.20 169,837,518.20 1.66% 2,819,302.80 172,656,821.00
302 20,000.00 172,656,821.00 172,676,821.00 1.66% 2,866,435.23 175,543,256.23
303 20,000.00 175,543,256.23 175,563,256.23 1.66% 2,914,350.05 178,477,606.28
304 20,000.00 178,477,606.28 178,497,606.28 1.66% 2,963,060.26 181,460,666.54
305 20,000.00 181,460,666.54 181,480,666.54 1.66% 3,012,579.06 184,493,245.61
306 20,000.00 184,493,245.61 184,513,245.61 1.66% 3,062,919.88 187,576,165.49
307 20,000.00 187,576,165.49 187,596,165.49 1.66% 3,114,096.35 190,710,261.83
308 20,000.00 190,710,261.83 190,730,261.83 1.66% 3,166,122.35 193,896,384.18
309 20,000.00 193,896,384.18 193,916,384.18 1.66% 3,219,011.98 197,135,396.16
310 20,000.00 197,135,396.16 197,155,396.16 1.66% 3,272,779.58 200,428,175.73
311 20,000.00 200,428,175.73 200,448,175.73 1.66% 3,327,439.72 203,775,615.45
312 20,000.00 203,775,615.45 203,795,615.45 1.66% 3,383,007.22 207,178,622.67
313 20,000.00 207,178,622.67 207,198,622.67 1.66% 3,439,497.14 210,638,119.80
314 20,000.00 210,638,119.80 210,658,119.80 1.66% 3,496,924.79 214,155,044.59
315 20,000.00 214,155,044.59 214,175,044.59 1.66% 3,555,305.74 217,730,350.33
316 20,000.00 217,730,350.33 217,750,350.33 1.66% 3,614,655.82 221,365,006.15
317 20,000.00 221,365,006.15 221,385,006.15 1.66% 3,674,991.10 225,059,997.25
318 20,000.00 225,059,997.25 225,079,997.25 1.66% 3,736,327.95 228,816,325.20
319 20,000.00 228,816,325.20 228,836,325.20 1.66% 3,798,683.00 232,635,008.20
320 20,000.00 232,635,008.20 232,655,008.20 1.66% 3,862,073.14 236,517,081.34
321 20,000.00 236,517,081.34 236,537,081.34 1.66% 3,926,515.55 240,463,596.89
322 20,000.00 240,463,596.89 240,483,596.89 1.66% 3,992,027.71 244,475,624.60
323 20,000.00 244,475,624.60 244,495,624.60 1.66% 4,058,627.37 248,554,251.97
324 20,000.00 248,554,251.97 248,574,251.97 1.66% 4,126,332.58 252,700,584.55
325 20,000.00 252,700,584.55 252,720,584.55 1.66% 4,195,161.70 256,915,746.25
326 20,000.00 256,915,746.25 256,935,746.25 1.66% 4,265,133.39 261,200,879.64
327 20,000.00 261,200,879.64 261,220,879.64 1.66% 4,336,266.60 265,557,146.24
328 20,000.00 265,557,146.24 265,577,146.24 1.66% 4,408,580.63 269,985,726.87
329 20,000.00 269,985,726.87 270,005,726.87 1.66% 4,482,095.07 274,487,821.94
330 20,000.00 274,487,821.94 274,507,821.94 1.66% 4,556,829.84 279,064,651.78
331 20,000.00 279,064,651.78 279,084,651.78 1.66% 4,632,805.22 283,717,457.00
332 20,000.00 283,717,457.00 283,737,457.00 1.66% 4,710,041.79 288,447,498.79
333 20,000.00 288,447,498.79 288,467,498.79 1.66% 4,788,560.48 293,256,059.26
334 20,000.00 293,256,059.26 293,276,059.26 1.66% 4,868,382.58 298,144,441.85
335 20,000.00 298,144,441.85 298,164,441.85 1.66% 4,949,529.73 303,113,971.58
336 20,000.00 303,113,971.58 303,133,971.58 1.66% 5,032,023.93 308,165,995.51
337 20,000.00 308,165,995.51 308,185,995.51 1.66% 5,115,887.53 313,301,883.04
338 20,000.00 313,301,883.04 313,321,883.04 1.66% 5,201,143.26 318,523,026.30
339 20,000.00 318,523,026.30 318,543,026.30 1.66% 5,287,814.24 323,830,840.53
340 20,000.00 323,830,840.53 323,850,840.53 1.66% 5,375,923.95 329,226,764.48
341 20,000.00 329,226,764.48 329,246,764.48 1.66% 5,465,496.29 334,712,260.78
342 20,000.00 334,712,260.78 334,732,260.78 1.66% 5,556,555.53 340,288,816.30
343 20,000.00 340,288,816.30 340,308,816.30 1.66% 5,649,126.35 345,957,942.65
344 20,000.00 345,957,942.65 345,977,942.65 1.66% 5,743,233.85 351,721,176.50
345 20,000.00 351,721,176.50 351,741,176.50 1.66% 5,838,903.53 357,580,080.03
346 20,000.00 357,580,080.03 357,600,080.03 1.66% 5,936,161.33 363,536,241.36
347 20,000.00 363,536,241.36 363,556,241.36 1.66% 6,035,033.61 369,591,274.97
348 20,000.00 369,591,274.97 369,611,274.97 1.66% 6,135,547.16 375,746,822.13
349 20,000.00 375,746,822.13 375,766,822.13 1.66% 6,237,729.25 382,004,551.38
350 20,000.00 382,004,551.38 382,024,551.38 1.66% 6,341,607.55 388,366,158.93
351 20,000.00 388,366,158.93 388,386,158.93 1.66% 6,447,210.24 394,833,369.17
352 20,000.00 394,833,369.17 394,853,369.17 1.66% 6,554,565.93 401,407,935.10
353 20,000.00 401,407,935.10 401,427,935.10 1.66% 6,663,703.72 408,091,638.82
354 20,000.00 408,091,638.82 408,111,638.82 1.66% 6,774,653.20 414,886,292.03
355 20,000.00 414,886,292.03 414,906,292.03 1.66% 6,887,444.45 421,793,736.47
356 20,000.00 421,793,736.47 421,813,736.47 1.66% 7,002,108.03 428,815,844.50
357 20,000.00 428,815,844.50 428,835,844.50 1.66% 7,118,675.02 435,954,519.52
358 20,000.00 435,954,519.52 435,974,519.52 1.66% 7,237,177.02 443,211,696.54
359 20,000.00 443,211,696.54 443,231,696.54 1.66% 7,357,646.16 450,589,342.70
360 20,000.00 450,589,342.70 450,609,342.70 1.66% 7,480,115.09 458,089,457.79
361 20,000.00 458,089,457.79 458,109,457.79 1.66% 7,604,617.00 465,714,074.79
362 20,000.00 465,714,074.79 465,734,074.79 1.66% 7,731,185.64 473,465,260.43
363 20,000.00 473,465,260.43 473,485,260.43 1.66% 7,859,855.32 481,345,115.76
364 20,000.00 481,345,115.76 481,365,115.76 1.66% 7,990,660.92 489,355,776.68
365 20,000.00 489,355,776.68 489,375,776.68 1.66% 8,123,637.89 497,499,414.57
366 20,000.00 497,499,414.57 497,519,414.57 1.66% 8,258,822.28 505,778,236.85
367 20,000.00 505,778,236.85 505,798,236.85 1.66% 8,396,250.73 514,194,487.59
368 20,000.00 514,194,487.59 514,214,487.59 1.66% 8,535,960.49 522,750,448.08
369 20,000.00 522,750,448.08 522,770,448.08 1.66% 8,677,989.44 531,448,437.52
370 20,000.00 531,448,437.52 531,468,437.52 1.66% 8,822,376.06 540,290,813.58
371 20,000.00 540,290,813.58 540,310,813.58 1.66% 8,969,159.51 549,279,973.09
372 20,000.00 549,279,973.09 549,299,973.09 1.66% 9,118,379.55 558,418,352.64
373 20,000.00 558,418,352.64 558,438,352.64 1.66% 9,270,076.65 567,708,429.29
374 20,000.00 567,708,429.29 567,728,429.29 1.66% 9,424,291.93 577,152,721.22
375 20,000.00 577,152,721.22 577,172,721.22 1.66% 9,581,067.17 586,753,788.39
376 20,000.00 586,753,788.39 586,773,788.39 1.66% 9,740,444.89 596,514,233.28
377 20,000.00 596,514,233.28 596,534,233.28 1.66% 9,902,468.27 606,436,701.55
378 20,000.00 606,436,701.55 606,456,701.55 1.66% 10,067,181.25 616,523,882.80
379 20,000.00 616,523,882.80 616,543,882.80 1.66% 10,234,628.45 626,778,511.25
380 20,000.00 626,778,511.25 626,798,511.25 1.66% 10,404,855.29 637,203,366.54
381 20,000.00 637,203,366.54 637,223,366.54 1.66% 10,577,907.88 647,801,274.42
382 20,000.00 647,801,274.42 647,821,274.42 1.66% 10,753,833.16 658,575,107.58
383 20,000.00 658,575,107.58 658,595,107.58 1.66% 10,932,678.79 669,527,786.36
384 20,000.00 669,527,786.36 669,547,786.36 1.66% 11,114,493.25 680,662,279.62
385 20,000.00 680,662,279.62 680,682,279.62 1.66% 11,299,325.84 691,981,605.46
386 20,000.00 691,981,605.46 692,001,605.46 1.66% 11,487,226.65 703,488,832.11
387 20,000.00 703,488,832.11 703,508,832.11 1.66% 11,678,246.61 715,187,078.72
388 20,000.00 715,187,078.72 715,207,078.72 1.66% 11,872,437.51 727,079,516.23
389 20,000.00 727,079,516.23 727,099,516.23 1.66% 12,069,851.97 739,169,368.20
390 20,000.00 739,169,368.20 739,189,368.20 1.66% 12,270,543.51 751,459,911.71
391 20,000.00 751,459,911.71 751,479,911.71 1.66% 12,474,566.53 763,954,478.25
392 20,000.00 763,954,478.25 763,974,478.25 1.66% 12,681,976.34 776,656,454.59
393 20,000.00 776,656,454.59 776,676,454.59 1.66% 12,892,829.15 789,569,283.73
394 20,000.00 789,569,283.73 789,589,283.73 1.66% 13,107,182.11 802,696,465.84
395 20,000.00 802,696,465.84 802,716,465.84 1.66% 13,325,093.33 816,041,559.17
396 20,000.00 816,041,559.17 816,061,559.17 1.66% 13,546,621.88 829,608,181.06
397 20,000.00 829,608,181.06 829,628,181.06 1.66% 13,771,827.81 843,400,008.86
398 20,000.00 843,400,008.86 843,420,008.86 1.66% 14,000,772.15 857,420,781.01
399 20,000.00 857,420,781.01 857,440,781.01 1.66% 14,233,516.96 871,674,297.97
400 20,000.00 871,674,297.97 871,694,297.97 1.66% 14,470,125.35 886,164,423.32
401 20,000.00 886,164,423.32 886,184,423.32 1.66% 14,710,661.43 900,895,084.75
402 20,000.00 900,895,084.75 900,915,084.75 1.66% 14,955,190.41 915,870,275.15
403 20,000.00 915,870,275.15 915,890,275.15 1.66% 15,203,778.57 931,094,053.72
404 20,000.00 931,094,053.72 931,114,053.72 1.66% 15,456,493.29 946,570,547.01
405 20,000.00 946,570,547.01 946,590,547.01 1.66% 15,713,403.08 962,303,950.09
406 20,000.00 962,303,950.09 962,323,950.09 1.66% 15,974,577.57 978,298,527.67
407 20,000.00 978,298,527.67 978,318,527.67 1.66% 16,240,087.56 994,558,615.22
408 20,000.00 994,558,615.22 994,578,615.22 1.66% 16,510,005.01 1,011,088,620.24
409 20,000.00 1,011,088,620.24 1,011,108,620.24 1.66% 16,784,403.10 1,027,893,023.33
410 20,000.00 1,027,893,023.33 1,027,913,023.33 1.66% 17,063,356.19 1,044,976,379.52
411 20,000.00 1,044,976,379.52 1,044,996,379.52 1.66% 17,346,939.90 1,062,343,319.42
412 20,000.00 1,062,343,319.42 1,062,363,319.42 1.66% 17,635,231.10 1,079,998,550.52
413 20,000.00 1,079,998,550.52 1,080,018,550.52 1.66% 17,928,307.94 1,097,946,858.46
414 20,000.00 1,097,946,858.46 1,097,966,858.46 1.66% 18,226,249.85 1,116,193,108.31
415 20,000.00 1,116,193,108.31 1,116,213,108.31 1.66% 18,529,137.60 1,134,742,245.91
416 20,000.00 1,134,742,245.91 1,134,762,245.91 1.66% 18,837,053.28 1,153,599,299.19
417 20,000.00 1,153,599,299.19 1,153,619,299.19 1.66% 19,150,080.37 1,172,769,379.56
418 20,000.00 1,172,769,379.56 1,172,789,379.56 1.66% 19,468,303.70 1,192,257,683.26
419 20,000.00 1,192,257,683.26 1,192,277,683.26 1.66% 19,791,809.54 1,212,069,492.80
420 20,000.00 1,212,069,492.80 1,212,089,492.80 1.66% 20,120,685.58 1,232,210,178.38

lol this is how u mean?...

haha i managed to do this with the excel and found the answer long time back.. but it took me hell ev a lot ev time to post this by adjusting the alignment.. but still my post sucks...

Yes. I know it seems crazy when you look at it like that. But that's how even Warren Buffet did it. Obviously he invested a lot more than 20,000 a month and managed more than 1.66% a month but this shows even an ordinary professional doing an ordinary job can be a billionaire if he wants to. I'm sure almost anyone in this forum can do this easily if are disciplined enough.

play online chess game, it is good for brain

DJ solo wrote:haha i managed to do this with the excel and found the answer long time back.. but it took me hell ev a lot ev time to post this by adjusting the alignment.. but still my post sucks...

I found a site that showed this clearly yesterday but couldn't find it today. Don't worry anyone can still understand it as the initial shock disappears and when you look at it closely. Good job. Thanks.

zen wrote:

DJ solo wrote:haha i managed to do this with the excel and found the answer long time back.. but it took me hell ev a lot ev time to post this by adjusting the alignment.. but still my post sucks...

I found a site that showed this clearly yesterday but couldn't find it today. Don't worry anyone can still understand it as the initial shock disappears and when you look at it closely. Good job. Thanks.

haha thanx mate.... hmm wise way to think about...

hey zen,

thanks for the motivational topic. Yes work with an open mind. do not panic when making decisions , think twice...

Thanks Mates for reminding us of this.

This formula may be easy for your calculators to work.

20000x((1.0166^(35*12)/.0166)-1)

Where;

20000= constant investment per month
12= number of times interest compounded per month
0.0166=1.66% per month (Monthly interest rate)
35=Number of years(60-25)