Future value with inflation. Fast, accurate, and completely free.
F = Future Cost
C = Current Cost
r = Annual inflation rate (%)
t = Time period in years
Enter the Current Cost of an item or service.
Input the average expected Annual Inflation Rate (e.g., India's historical average is around 5-6%).
Specify the time period in years.
View the projected future cost and the extra capital required to purchase the same item.
Inflation is the rate at which the general level of prices for goods and services rises, causing the purchasing power of currency to fall. If you hold cash in a savings account earning 3% interest while inflation is at 6%, your money is actively losing real purchasing power over time.
The Reserve Bank of India (RBI) has an inflation target of 4%, with a tolerance band of 2% to 6%.
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