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how to use excel for compound interest calculation. How to Calculate Compound Interest in Excel. How much will your investment be worth.
Compound Interest Formula With Examples Compound Interest Compound Interest Investment Formula from www.pinterest.com
10 and in the second year you will earn 100010 10010 ie. The compound interest formula reduces to 100 10081 15 100 1085 6. Enter the interest payment formula.
For example you deposit 100 for 2 years at a compound interest of 10.
In Excel and Google Sheets you can use the FV function to calculate a future value using the compound interest formula. Format Cells dialog box will open. For this go to that cell and press Ctrl1 or right click to select Format Cells. The function takes two arguments.
