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Thursday, March 30, 2006

Mathmagic of Compounding III: Kaise Banoonga Crorepati

We left off the earlier post to see what would happen if we continued the investing forced on the young Ms. Crorepati at age of 32.

INR 13,848,476 33
INR 18,795,443 34
INR 25,473,848 35
INR 34,489,695 36
INR 46,661,088 37
INR 63,092,469 38
INR 85,274,834 39
INR 115,221,025 40
INR 155,648,384 41
INR 210,225,319 42
INR 283,904,180 43
INR 383,370,643 44
INR 517,650,369 45
INR 698,927,998 46
INR 943,652,797 47
INR 1,274,031,276 48

Is that Rs. 127 Crores! Isn't that mind-boggling? And that too at age 48! Lets continue...

INR 1,720,042,223 49
INR 2,322,157,000 50
INR 3,135,011,951 51
INR 4,232,366,133 52
INR 5,713,794,280 53
INR 7,713,722,278 54
INR 10,413,625,075 55
INR 14,058,493,851 56
INR 18,979,066,699 57
INR 25,621,840,044 58
INR 34,589,584,059 59
INR 46,696,038,480 60

That looks like 4000 Crores at age 60! Maybe there is something wrong with me? Please check my calculations and tell me... I have heard about good governments and benevolent dictators and benevolent economic dictator governments (oh oh...here i go again) but 4000 Crores? Give me a break...tell me what is the catch...or is this real MathMagic of Compounding...I knew there was something to Tantra and Mathematics...should I have paid more attention in Std. 8th...

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