In this excel rate of interest is 36% i don't know How to find the rate of interest 36% here ?
Can you pls give solution
In this excel rate of interest is 36% i don't know How to find the rate of interest 36% here ?
Can you pls give solution
What and where are your expected outcomes on the first row of your sample data sheet?
Ali
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i don't know it exactly. My senior told like that. You just find out it. So i am asking help to you
Yes, but you have not told us which columns are to be used to calculate this 36% interest or where it should appear (I presume in column X). What is the calculation that your senior would use to do the calculation manually?
yes X column i think
OK - good. And what is the manual calculation? 36% of which column?
For example, 36% of the principal amount would be this:
=Q2*0.36
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Hi,
I think we need more information. You say your senior is telling you the rate is 36%.
I'm assuming you're after the compound interest rate for the numbers you've shown over the period shown. In which case I calculate the interest rate as being 24% p.a.
i.e. for row 2 (they're all the same 24%)
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Richard Buttrey
RIP - d. 06/10/2022
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completed. thanks alot
my senior also confused in this. So he told me use as usual what you done before
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