Thu 18 Sep 2008, 11:36Delegate Mabel said...
Mabel has attended:
Excel Advanced course
Access Intermediate course
How to calculate compounding interest on a monthly basis
i would appreciate a template to use in calculating compounding interest on a monthly basis
Thu 18 Sep 2008, 12:38
Edited on Thu 18 Sep 2008, 12:39Trainer David said...
RE: how to calculate compounding interest on a monthly basis
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.
