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gurpreet
 Even easier
by gurpreet on Feb 02, 2010 09:51 PM

Marry a crorepati's daughter

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Christy Abraham
 crazy rediff
by Christy Abraham on Feb 02, 2010 05:44 PM

if it was so easy to be a millionare.. y is rediff askin for advertisement n endorsements..!!!! go the WAY U JUST WROTE ABT!!!!!

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Narayana Grandhi
 WRONG CALCULATION
by Narayana Grandhi on Feb 02, 2010 05:42 PM  | Hide replies

With these details we earn 50Lakhs, not 1 Crore

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gurpreet
 Re: WRONG CALCULATION
by gurpreet on Feb 02, 2010 09:51 PM
but rediff earns 1 crore with these

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Narayana Grandhi
 WRONG CALCULATION
by Narayana Grandhi on Feb 02, 2010 05:41 PM

This is wrong calcuation. With Rs. 10109 per month, 12% rate of return and 15 years, it will be 50 LAKHS, NOT 1 Crore.

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Narayana Grandhi
 WRONG CALCULATION
by Narayana Grandhi on Feb 02, 2010 05:41 PM  | Hide replies

This is wrong calcuation. With Rs. 10109 per month, 12% rate of return and 15 years, it will be 50 LAKHS, NOT 1 Crore.

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gopal krishnan
 Not a Practical Analysis
by gopal krishnan on Feb 02, 2010 05:10 PM

@Author,
It is better to take account of Inflation rates,Food Infaltion and rate of Spending, becfore making these kind of Analysis.

Example
Compare 1 lakh (Value of Money)then 25yrs back and 1 Lakh now and value of 1 lakh 25 yrs in future.


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gopal krishnan
 Not a Practical One
by gopal krishnan on Feb 02, 2010 05:08 PM

@Author,
Is is better to take account of Inflation rates,Food Infaltion and rate of Spending.

Example
Compare 1 lakh (Value of Money)then 25yrs back and 1 Lakh now....

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chander
 WRONG CALCULATION
by chander on Feb 02, 2010 05:00 PM  | Hide replies

IF U INVEST RS. 10109 PER MONTH FOR 180 MONTHS @ 12% THE MATURITY AMOUNT WILL BE AROUND RS. 50 LAKHS AND NOT ONE CRORE PUT THAT MONEY IN ANY BANK'S INTEREST RATE CALCULATOR U WILL FIND THE TRUTH. PL. DON'T MISGUIDE THE PEOPLE.


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Anand H
 Re: WRONG CALCULATION
by Anand H on Feb 02, 2010 07:26 PM
Guruji, how did u get 180 months?

25 years => 25 x 12 months => 300 months.

Correct?

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krishnawith facts
 Re: Re: WRONG CALCULATION
by krishnawith facts on Feb 02, 2010 09:45 PM
anadji,Dont sleep.That is for 15 years not 25 years.

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chander
 WRONG CALCULATION
by chander on Feb 02, 2010 04:59 PM

IF U INVEST RS. 10109 PER MONTH FOR 180 MONTHS @ 12% THE MATURITY AMOUNT WILL BE AROUND RS. 50 LAKHS AND NOT ONE CRORE PUT THAT MONEY IN ANY BANK'S INTEREST RATE CALCULATOR U WILL FIND THE TRUTH. PL. DON'T MISGUIDE THE PEOPLE.


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