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how to do compound interest in calculator. Free investment calculator to evaluate various investment situations and find out corresponding schedules while considering starting and ending balance additional contributions return rate or investment length. Lets break it down for you.
Compound Interest Calculator In 2020 Interest Calculator Compound Interest Interesting Things from www.pinterest.com
Enter the years 0-5 in cells A2 to A7. You require the principal amount simple interest rate and the period of interest in months or years to calculate compound interest amount. Once you have those you can go through the process of calculating compound interest.
Range of interest rates above and below the rate set above that you desire to see results for.
Calculate the common ratio using the interest rate or the rate of return. To calculate compound interest use the formula below. Start by opening a document and labeling the top cell in columns A B and C Year Value and Interest Earned respectively. Once you have those you can go through the process of calculating compound interest.
