Gross figure x 1 interest rate per period. PV 1RN PV is the present value. Type IPMT B2 1 B3 B1 into cell B4 and press Enter.
How to calculate compound interest in Excel.
The basic Excel formula for compound interest is this. To reach the formula for compound interest you algebraically rearrange the formula for CAGR. Compound interest formula using FV Function in Excel Future value function returns the future value of the present amount having interest rate over a period. Microsoft Excel has inbuilt function names as FV or Future Value by which we can calculate the future value in terms of Compound Interest Applicable loan with interest monthly EMI with one formula.