About Lumpsum Calculator
A lumpsum calculator is a financial tool used to calculate the amount of money that an investor would receive if they were to withdraw all of their investments at once, instead of over a period of time.
This type of calculator is commonly used to estimate the value of a retirement account, savings account, or other type of investment portfolio.
The lumpsum calculator typically requires inputs such as the current value of the investment, the expected rate of return, and the number of years until the investment is to be withdrawn. The calculator then calculates the lump sum amount that would be received at the time of withdrawal and can be used to help plan for retirement or other long-term financial goals.
Lumpsum Interest Calculation
Formula for Lumpsum Interest Calculation:
A = P (1 + R/N) ^ NT
Where,
A: Estimated returns,
P: Present value of investment,
R: Estimated rate of return
T: Tenure
N: number of compound interests in a year