Simple Interest = Principal × Rate × Time / 100.
Compound Interest = Principal × (1 + Rate/(100×n))^(n×Time) − Principal, where n is the compounding frequency per year.
Loan EMI uses the reducing-balance formula: EMI = P × r × (1+r)^n / ((1+r)^n − 1), where r is the monthly rate and n the number of instalments.
Mutual Fund (SIP) uses the standard SIP future-value formula assuming monthly compounding of the expected return.
PPF assumes annual contribution at the start of each year, compounded annually at the entered rate — the current PPF rate is prefilled but may change as per government notification.
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