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What is an Inflation Calculator?
Many times people invest their hard-earned money into various investment vehicles available in the market, but while investing, they fail to check the inflation percentage against the benefits they will get after the decided tenure.
This module will help you check the deprecated value (real purchasing power) of your current investment after the decided tenure. For example, if you invest today ₹10,00,000 for 15 years, considering an inflation rate of 7%, your ₹10,00,000 purchasing power will depreciate to ₹3,36,000 at maturity in actual.