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PPF Calculator

This document contains two examples of a PPF (Public Provident Fund) calculator showing the growth of deposits over 15 years with yearly deposits of Rs. 1000 or Rs. 5000 and an annual interest rate of 8%. In each example, the opening balance, new deposit, interest earned, and closing balance is displayed for each year. By the end of 15 years, the total deposit and interest earned results in a balance of Rs. 29,324 for the Rs. 1000 yearly deposit and Rs. 133,933 for the Rs. 5000 yearly deposit.

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shashanamouli
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131 views

PPF Calculator

This document contains two examples of a PPF (Public Provident Fund) calculator showing the growth of deposits over 15 years with yearly deposits of Rs. 1000 or Rs. 5000 and an annual interest rate of 8%. In each example, the opening balance, new deposit, interest earned, and closing balance is displayed for each year. By the end of 15 years, the total deposit and interest earned results in a balance of Rs. 29,324 for the Rs. 1000 yearly deposit and Rs. 133,933 for the Rs. 5000 yearly deposit.

Uploaded by

shashanamouli
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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PPF CALCULATOR

Created by:http://taxutility.blogspot.com
YEARLY DEPOSIT 1000
Rate of interest 8 %
Year Opening Balance New Deposit Interest Balance
1 1000 80 1080
2 1080 1000 166 2246
3 2246 1000 260 3506
4 3506 1000 360 4867
5 4867 1000 469 6336
6 6336 1000 587 7923
7 7923 1000 714 9637
8 9637 1000 851 11488
9 11488 1000 999 13487
10 13487 1000 1159 15645
11 15645 1000 1332 17977
12 17977 1000 1518 20495
13 20495 1000 1720 23215
14 23215 1000 1937 26152
15 26152 1000 2172 29324
Total 15000 14324 29324
PPF CALCULATOR
Created by:- http://taxutility.blogspot.com
YEARLY DEPOSIT 5000
Rate of interest 8 %
Year Opening Balance New Deposit Interest Balance
1 5000 400 1080
2 1080 5000 486 6566
3 6566 5000 925 12492
4 12492 5000 1399 18891
5 18891 5000 1911 25802
6 25802 5000 2464 33267
7 33267 5000 3061 41328
8 41328 5000 3706 50034
9 50034 5000 4403 59437
10 59437 5000 5155 69592
11 69592 5000 5967 80559
12 80559 5000 6845 92404
13 92404 5000 7792 105196
14 105196 5000 8816 119012
15 119012 5000 9921 133933

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