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how to calculate compound interest growth rate. Multiply the year 2 principal amount by the bonds interest rate. Y value of the variable after x periods future compounded value a initial value of the variable.
The tool automatically calculates the average return per year or period as a geometric mean. You can download this Interest Rate Formula Excel Template here Interest Rate Formula Excel Template. A sum of 1 00000 is borrowed from the bank as a home loan where the interest rate is 5 per annum and the amount is borrowed for a period of 15 years.
Select the Range D4D12 click the Percent Style button on the Home tab and then change its decimal places with.
Interest RateEstimated Interest RateYour estimated annual interest rate. Interest RateEstimated Interest RateYour estimated annual interest rate. Even small deposits to a. Also learn more about investments or explore hundreds of other calculators addressing finance math fitness health and many more.