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compound Interest calculation

  1. #1
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    compound Interest calculation

    I have a spreadsheet containing varying int rates over a 25 month period


    1) I have tried to calculate the compound int using a formula and would someone to check the calculation
    2) I would like to show the interest and capital each month compounded separately


    It would be appreciated if someone could assist me
    Attached Files Attached Files

  2. #2
    Forum Expert torachan's Avatar
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    Re: compound Interest calculation

    Your monthly interest was wrong assuming interest quoted per annum.
    corrected sheet attached.
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    Last edited by torachan; 10-27-2020 at 08:24 AM. Reason: added individual months interest

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    Re: compound Interest calculation

    Thanks for the help. I worked with compound int a long time ago and you have refreshed my memory

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    Forum Moderator AliGW's Avatar
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    Re: compound Interest calculation

    Administrative Note:

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    Re: compound Interest calculation

    My Apologies

    It certainly won't happen again

    I also posted on https://www.myonlinetraininghub.com/...EditFormAnchor

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