Best Math Formula website. Search anything about Math Formula in this website.
how to make a compound interest formula in excel. The formula now becomes. Assume you put 100 into a bank.
How To Calculate Compound Interest In Excel Excel Tutorials Excel Compound Interest from www.pinterest.com
Total LoanAnnual Interest RateNumber of Payments per Year. PV 1RN PV is the present value. This formula is applicable if the investment is getting compounded annually means that we are reinvesting the money on an annual basis.
Compound interest is the amount that a dollar invested now will be worth in a given number of periods at a given compounded interest rate per period.
You already know the answer. PV 1RN PV is the present value. Amount 1. The formula now becomes.
