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how to calculate compound interest rate in excel. How to calculate the Compound Interest. This formula is applicable if the investment is getting compounded annually means that we are reinvesting the money on an annual basis.
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R rate of interest. Initial investment 1 annual interest ratecompounding periods per year years compounding periods per year. The formula used to calculate the compound interest is as below.
And we can easily apply this formula as following.
In cell D2 to calculate the compound interest you will want to input C2 x 108. To calculate the Compound Annual Growth Rate in Excel there is a basic formula End ValueStart Value 1Periods -1. Assume you put 100 into a bank. Initial investment 1 annual interest ratecompounding periods per year years compounding periods per year.
