I am trying to get what $1million at 10% in 2025 would be today - any idea how to do this in excel?
I am trying to get what $1million at 10% in 2025 would be today - any idea how to do this in excel?
=PV(10%, 2025 - 2009, 0, -1000000) = $217,629.14
The miracle of compound interest.
Entia non sunt multiplicanda sine necessitate
Thanks so much.
I get a very different answer than another formula that I found
=NPV(A2,N5,N6,N7,N8,N9,N10,N11,N12,N13,N14,N15,N16,N17,N18,N19)
Any chance you could explain your formula?
Im just trying to understand it!
Thanks again.
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