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Compound Interest Rates (SUM)

  1. #1
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    Question Compound Interest Rates (SUM)

    Hi guys,

    I need your help with something...

    I'm trying to create a function based on a sum of the compound interest rates. But I have no idea how to do it.

    The function is very simple (I've called of SUMINTR), it just need to do this action: [(1+X1)*(1+X2)...*(1+Xn) - 1]. So for instance, if I have 3 interest rates (1%,2%,3%) the function will give me 6,1106%. Got it?

    If you guys have some thoughts, please, let me know!
    Last edited by Galopes; 09-21-2020 at 10:52 AM.

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    Re: Compound Interest Rates (SUM)

    You mean

    Formula: copy to clipboard
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    Re: Compound Interest Rates (SUM)

    HOLY JESUS! That is it!! You can't even imagine how long time I am trying to find this function! I thought that I will be needed to create a new function on VBA! My mind was so exhausted that I forgot the basic math to make this simple function work! Much obliged!!

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