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how to solve for compound interest rate in excel. RATE nper pmt pv fv type Arguments within square brackets are optional. Annual compound interest - Formula 1 An easy and straightforward way to calculate the amount earned with an annual compound interest is using the formula to increase a number by percentage.
To calculate compound interest in Excel you can use the FV function. The interest rate and. This formula must be prefaced with a sign in order to work.
The interest rate and.
Calculation using the mathematical formula. Principal Amount 1Annual Interest Rate12 Total Years of Investment12 In above example with 10000 of principal amount and 10 interest for 5 years we will get 16453. The interest rate and number. Calculation using the mathematical formula.