Inflation Estimator

Inflation Estimator calculates the future equivalent of your today's money. It's quite hard to calculate Inflation adjusted amount becuase Inflation depends on various factors like the Federal Interest Rates, Supply and demand of goods and services etc. This app assumes that the inflation rate you are entering stays constant through out the calculatable years. This app calculates your future money equivalent through this following formula:-

Inflation Amount Formula

Where,
A → Final Amount
P → Principal (Initial Amount)
r → Annual Interest Rate (in %)
t → Time period (in years)

Use this app to get a rough idea about how to plan your income generation in the future. That is the main purpose of this app. Inflation makes you spend more for something you've been using everyday. This could wreak havoc on your financial health if left unchecked. So, whenever you are evaluating a source of income try your best to keep it immue against inflation by gaining yields higher than your inflation rate.

Photographed by:- Andrea Piacquadio