i need help calculating

Public Schedule Face-to-Face & Online Instructor-Led Training - View dates & book

Forum home » Delegate support and help forum » Microsoft Excel Training and help » I need help in calculating compounding interest on monthly basis

I need help in calculating compounding interest on monthly basis

resolvedResolved · Urgent Priority · Version 2007

Mabel has attended:
Excel Advanced course
Access Intermediate course

I need help in calculating compounding interest on monthly basis

The loan amount is

Edited on Thu 18 Sep 2008, 12:40

RE: I need help in calculating compounding interest on monthly b

Hi Mabel

Interestingly Excel does not have a built in function for compounding interest but there is a useful resource on their website that shows how you can get round this.

Please see the following link:
http://support.microsoft.com/kb/141695

Hope that helps.

RE: I need help in calculating compounding interest on monthly b

Another way you could do this monthly is if cell A1 is the capital amount of

 

Training courses

 

Training information:

See also:

Welcome. Please choose your application (eg. Excel) and then post your question.

Our Microsoft Qualified trainers will then respond within 24 hours (working days).

Frequently Asked Questions
What does 'Resolved' mean?

Any suggestions, questions or comments? Please post in the Improve the forum thread.


 

Excel tip:

Multiple Lines of Text in a Cell

As an alternative to the Text Wrapping facility, type a word or two, press Alt+Enter to get a new line, type more text, and continue the process for as many lines as you need. Enter as normal when you have finished.

The line break is not affected by changing the column width, as text wrapping. To remove this you must edit the cell and remove the invisible character and replace with a normal space.

View all Excel hints and tips


Server loaded in 0.09 secs.