What is the Inflation Calculator (Year-Wise)?

The Inflation Calculator (Year-Wise) is a tool that helps you estimate how the value of money changes over time due to inflation. By entering an initial amount, the annual inflation rate, and the number of years, the calculator shows the projected value of money for each year. This allows you to plan finances, understand purchasing power changes, and make informed decisions about savings and investments.

How to Use:

1. Enter Initial Amount: Type the starting amount of money.
2. Enter Annual Inflation Rate: Input the yearly inflation rate as a percentage.
3. Enter Number of Years: Provide the number of years to project.
4. Click “Calculate”: The calculator displays the projected value of your money for each year.
5. Review the Result: Use this information to plan savings, investments, or financial goals considering the effect of inflation.