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CAGR is the constant annual rate that would take the starting value to the ending value over the given years: (end ÷ begin)^(1/years) − 1. It smooths out a bumpy journey into one comparable number.
Two investments with the same CAGR can have wildly different year-to-year paths. CAGR is a good way to compare outcomes, not a description of the ride — it says nothing about the biggest drawdown along the way.
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Monthly EMI, total interest, and total payment from principal, rate, and tenure.
Monthly EMI, total interest, and total payment from principal, rate, and tenure.
Monthly EMI, total interest, and total payment from principal, rate, and tenure.
Monthly EMI, total interest, and total payment from principal, rate, and tenure.
Future value of a monthly SIP at an assumed annual return.