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Excel Compound Interest Formula

Excel Compound Interest Formula - 0 i have an excel sheet where i track my financial investments. 3 i had a previous problem that was solved that was similar, but wasn’t a running total: I need to calculate the average interest rate for a calendar year, based on a table of exchange rates which change at various dates. Context i created a compound interest worksheet that calculates the interest fees, penalties, and total payment due on a contract if it is x days late. I can calculate the compound interest simply by ci(y) = x*(1+z)^y for any given year, but how can i construct a formula that adds each years income together for a total sum? This seems like it would be easy but i'm having trouble figuring it out in excel. Rate, the interest rate per compounding period, e.g. Here is the formula to calculate the amount of a loan with compound interest, with explanation of parameters: The table simply shows the start date and. Is there a formula for compound interest?

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