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Compounding Interest Formula

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  1. #1
    Florida Flamingo
    Guest

    Compounding Interest Formula

    I would like to calculate how to find the values of different bank
    interests. This would be compounded monthly, or daily. I would just like
    to enter the Savings or CD interest rate and be able to calculate the total
    by month and a yearly total.

    I should think there should be a template somewhere already created that I
    could download. Does anyone know where I could find this? My attempt at
    this just doesn't seem to be right.

    TIA,
    Genie



  2. #2
    Don Guillett
    Guest

    Re: Compounding Interest Formula

    try looking in HELP contents for functions and then financial functions.
    There are some good examples.

    --
    Don Guillett
    SalesAid Software
    dguillett1@austin.rr.com
    "Florida Flamingo" <genie@myspacecoast.com> wrote in message
    news:2oYtf.71796$6e.4009@tornado.tampabay.rr.com...
    >I would like to calculate how to find the values of different bank
    >interests. This would be compounded monthly, or daily. I would just like
    >to enter the Savings or CD interest rate and be able to calculate the total
    >by month and a yearly total.
    >
    > I should think there should be a template somewhere already created that I
    > could download. Does anyone know where I could find this? My attempt at
    > this just doesn't seem to be right.
    >
    > TIA,
    > Genie
    >




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