ilmscore | Prediction Details
"but remember that ₹1 will increase by 1% every day, so at the end of the year you will have around ₹ 3780. At the end of 2 years you will have ₹ 145000. At the end of 3 years you will have ₹ 5392000 and at the end of 4 years by compounding this every day you will have 20 crore 37 lakh rupees."
By warikoo | November 19, 2024 | Incorrect
From video
Rs. 20L ya Rs. 100 - kisme hain Zyada RETURNS?! | Ankur Warikoo #shorts 00:00:13 - 00:00:35
Interpreted Prediction
A daily 1% compound interest on ₹1 will result in ₹3780 after 1 year, ₹145,000 after 2 years, ₹5,392,000 after 3 years, and ₹20.37 crore after 4 years.
AI Evaluation Notes
The prediction states that after 1 year, ₹1 will become ₹3780 with a daily 1% compound interest. Using an online compound interest calculator, ₹1 with a daily 1% compound interest for 1 year (365 days) results in approximately ₹37.78, and after 2 years it is approximately ₹1427.86, making the original prediction significantly inaccurate.

Prediction Details

Topic
Daily 1% increase in investment

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