Understand the impact of inflation on your money with our Inflation Calculator. Input your current amount, inflation rate, and years to see the future value and value eroded by inflation, along with a detailed growth table – created by Mr. Dhananjoy Ghosh.
What is inflation?
Inflation is the rate at which the general level of prices for goods and services increases, reducing the purchasing power of money.
How is the future value calculated?
It’s calculated using the formula: FV = PV × (1 + r)^t, where PV is the present value (current amount), r is the annual inflation rate, and t is the number of years.
What’s the growth table?
It’s a table showing the current amount, future value, and value eroded by inflation year by year.
Why does inflation matter?
Inflation reduces the real value of money over time, meaning you’ll need more money in the future to buy the same things.
"Save Trees, Save Life"
Email: unknown2oy@gmail.com | Phone: 9635221315 | Address: Ghoshkira, Chandrokona Road, West Bengal, 721253 | Support: 24/7