Software Requirements Specification (SRS) for SIP Calculator
Introduction
Purpose:
The purpose of this document is to outline the requirements for the development of a Systematic Investment Plan (SIP) Calculator application.
Scope:
The SIP Calculator will allow users to estimate future wealth accumulation based on input parameters such as monthly investment amount, expected annual return, and investment tenure.
Definitions, Acronyms, and Abbreviations:
SIP: Systematic Investment Plan
System Overview
System Description:
The SIP Calculator will be a web-based application accessible through a browser. Users will input investment details, and the system will calculate the future value of their investments.
System Architecture:
The application will have a client-server architecture, with the client being the web browser and the server handling the calculation logic.
Functional Requirements
Use Cases:
Calculate SIP:
- Users can input the monthly investment amount, expected annual return, and investment tenure.
- The system will calculate and display the future value of the investment.
Functional Requirements:
Input:
The system shall accept the following input:
- Monthly Investment Amount (in INR)
- Expected Annual Return (in percentage)
- Investment Tenure (in months or years)
Calculation:
The system shall calculate the future value of the investment using the SIP formula:
- ��=�×(1+�)�−1�
- FV=P×
- r
- (1+r)
- n
- −1
-
- where:
- �
- P is the Monthly Investment Amount
- �
- r is the monthly interest rate (expected annual return divided by 12 and multiplied by 0.01 to convert percentage to decimal)
- �
- n is the total number of investments (monthly investments multiplied by the investment tenure in months)
Output:
- The system shall display the calculated future value to the user.
Non-Functional Requirements:
- The system should provide a response time of under 2 seconds.
- The application should be accessible on common web browsers (Chrome, Firefox, Safari).
External Interface Requirements
User Interfaces:
- The user interface shall include input fields for monthly investment amount, expected annual return, and investment tenure, along with a “Calculate” button.
- The calculated future value shall be displayed prominently.
Hardware Interfaces:
- The system should be compatible with standard computing hardware.
Software Interfaces:
- The application shall be developed using HTML, CSS, and JavaScript.
- The server-side logic can be implemented using a backend framework (e.g., Node.js, Django).
Communication Interfaces:
- The application will communicate with the server for the calculation and display of results.
Performance Requirements
Response Time:
The system should respond within 2 seconds for a typical user input.
Throughput:
The application should handle at least 100 simultaneous users.
System Constraints
Regulatory Requirements:
The application should comply with relevant financial regulations.
Hardware Limitations:
The system should be compatible with devices with standard web-browsing capabilities.
Security Requirements
Authentication:
The application may not require user authentication as it’s a public tool.
Data Protection:
The system should not store or retain any user input data after the calculation.
Quality Attributes
Reliability:
The application should produce accurate results based on the provided input.
Maintainability:
The code should be well-documented for ease of maintenance.
Usability:
The user interface should be intuitive, requiring minimal guidance.
Testing Requirements
Test Cases:
Test cases should cover various input scenarios to ensure accurate calculations.
Test Case 1:
- Inputs: Monthly Investment Amount = 5,000 INR, Expected Annual Return = 10%, Investment Tenure = 60 months.
- Expected Output: Future Value ≈ 3,63,759.04 INR
Test Case 2:
- Inputs: Monthly Investment Amount = 10,000 INR, Expected Annual Return = 8%, Investment Tenure = 36 months.
- Expected Output: Future Value ≈ 4,08,368.09 INR
Test Case 3:
- Inputs: Monthly Investment Amount = 15,000 INR, Expected Annual Return = 12%, Investment Tenure = 48 months.
- Expected Output: Future Value ≈ 12,15,661.80 INR
Acceptance Criteria:
The application is considered successful if it produces correct future values based on the standard SIP calculation formula.
Project Timeline
Milestones:
Design, Development, Testing, Deployment.
Development Phases:
Frontend development, Backend development, Testing, Deployment.
Glossary
SIP: Systematic Investment Plan
Database Structure
Tables:
SIP_Calculations:
- CalculationID (Primary Key, Auto-increment)
- MonthlyInvestmentAmount (Decimal)
- ExpectedAnnualReturn (Decimal)
- InvestmentTenure (Integer)
- FutureValue (Decimal)
- CalculationDate (DateTime)
Conclusion
This extended SRS document provides a more detailed overview of the SIP Calculator application, including the database structure and additional test cases. It should be reviewed and approved by relevant stakeholders before proceeding with the development phase.
44 comments
Hello there, just became alert to your blog through Google, and
found that it’s truly informative. I’m going to watch out for
brussels. I’ll be grateful if you continue this in future.
Many people will be benefited from your writing. Cheers!
Escape rooms hub
Very interesting points you have mentioned, appreciate it for putting up..
Spot on with this write-up, I seriously believe this website needs a lot more attention. I’ll probably be back again to see more, thanks for the info.
I needed to thank you for this wonderful read!! I certainly enjoyed every bit of it. I have you book-marked to look at new stuff you post…
May I simply say what a comfort to discover a person that truly understands what they are talking about over the internet. You actually realize how to bring a problem to light and make it important. More people must check this out and understand this side of your story. It’s surprising you’re not more popular because you certainly possess the gift.
Pretty! This has been a really wonderful article. Thank you for providing this information.
Greetings! Very helpful advice within this article! It is the little changes that produce the largest changes. Thanks for sharing!
An impressive share! I’ve just forwarded this onto a coworker who was conducting a little research on this. And he actually bought me breakfast due to the fact that I stumbled upon it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanks for spending some time to talk about this topic here on your web site.
Having read this I thought it was really enlightening. I appreciate you taking the time and energy to put this informative article together. I once again find myself spending a lot of time both reading and posting comments. But so what, it was still worth it!
bookmarked!!, I really like your web site.
Deneme bonusu ile hiçbir risk almadan kazandım, herkes denemeli!
Having read this I believed it was extremely informative. I appreciate you taking the time and effort to put this information together. I once again find myself personally spending a significant amount of time both reading and commenting. But so what, it was still worth it.
I was extremely pleased to find this great site. I want to to thank you for ones time just for this wonderful read!! I definitely liked every bit of it and i also have you book-marked to check out new stuff in your site.
You should be a part of a contest for one of the most useful blogs online. I’m going to recommend this web site!
Bahis siteleri deneme bonusu ile oyunları bedava deneyip hemen kazanmaya başlayabilirsiniz!
Deneme bonusu ile crash oyunlarını oynarken hiç risk almadan büyük kazançlar elde ediyorum!
This is a topic that’s close to my heart… Take care! Where can I find the contact details for questions?
After exploring a handful of the articles on your site, I honestly appreciate your way of blogging. I added it to my bookmark site list and will be checking back soon. Please check out my website as well and tell me what you think.
Deneme bonusu ile oyunlara sıfır yatırımla başlamak harika bir fırsat!
Bu casino’daki futbol bahis seçenekleri her maçta ekstra kazanç fırsatları sunuyor!
You’re so cool! I do not think I have read through something like that before. So great to discover somebody with a few original thoughts on this topic. Really.. thank you for starting this up. This site is something that’s needed on the web, someone with a bit of originality.
Great post. I will be facing a few of these issues as well..
Bu sitenin sunduğu deneme bonusu ile bedava bahis yaparak oyunlara başladım ve kazandım!
This is a topic which is near to my heart… Cheers! Exactly where can I find the contact details for questions?
Casino’nun sunduğu slot turnuvaları ile ekstra kazançlar elde etmek mümkün!
Deneme bonusu ile bahis yapmak büyük bir avantaj, herkesin denemesini öneririm!
Bu casino’daki jackpot slotları büyük kazançlar sağlıyor, herkes denemeli.
Can I just say what a relief to uncover a person that genuinely knows what they are talking about on the web. You definitely understand how to bring a problem to light and make it important. More people must check this out and understand this side of your story. I can’t believe you aren’t more popular given that you certainly have the gift.
Deneme bonusu sayesinde crash oyunlarında, özellikle Aviator’da, büyük kazançlar sağlamak çok heyecan verici!
Bahis siteleri deneme bonusu ile oyunlara başlamak için mükemmel bir fırsat sunuyor!
Deneme bonusu ile oyunlara sıfır yatırımla başlamak hiç bu kadar kolay olmamıştı!
Deneme bonusu ile bahis yaparken para kaybetme riski yok, harika bir fırsat!
Yüksek bahislerle futbol bahislerinde oynadığımda devasa ödüller kazanmak çok heyecan verici!
There’s definately a great deal to find out about this issue. I really like all the points you have made.
You are so cool! I don’t think I’ve read something like that before. So wonderful to discover another person with a few unique thoughts on this topic. Seriously.. many thanks for starting this up. This website is something that is needed on the internet, someone with a bit of originality.
Casino’daki slot oyunlarının grafikleri ve ses efektleri harika bir deneyim sunuyor.
Bu sitenin sunduğu deneme bonusu ile bedava Aviator oynayarak anında büyük ödüller kazandım!
Casino’nun sunduğu promosyonlar futbol bahislerinde daha fazla kazanma şansı sunuyor!
I want to to thank you for this good read!! I absolutely loved every little bit of it. I’ve got you saved as a favorite to look at new stuff you post…
Hello there, I believe your site could be having web browser compatibility issues. When I look at your website in Safari, it looks fine however, when opening in Internet Explorer, it’s got some overlapping issues. I merely wanted to provide you with a quick heads up! Besides that, great website!
Casino’daki slot oyunlarının grafikleri ve ses efektleri harika, oyunlar çok eğlenceli!
This is a topic that is close to my heart… Best wishes! Exactly where can I find the contact details for questions?
En sevdiğim slot oyunu Montezuma, kazançlarım her geçen gün artıyor!
Bahis siteleri deneme bonusu ile bedava bahis yaparak kazanmaya başlamak çok kolay!