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how to calculate compound interest daily. Compound Daily Interest Calculator. Depending on the type of financial instrument youre managing compounding interest can either help you or hurt you.
R is the the annual interest rate in decimal. Compound Interest in Excel Formula. Daily Interest Rate in Percentage.
Deposits are applied at the beginning of each day.
Compound Interest in Excel Formula. R AP 1nt - 1 n 2 1 3655 - 1 365 013865 1387 per annum. Launch your preferred spreadsheet such as Microsoft Excel. Deposits are applied at the beginning of each day.