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All of you have learned the formula to calculate the compound interest in your school. Compound and simple interests are among the mathematical applications used in real life for years. At certain ...
Find out about compound interest and how to use the compounding interest formula in Microsoft Excel to calculate the compound interest on a loan.
Compound Interest Formula Excel You can calculate compound interest in Microsoft Excel using the Future Value (FV) financial function: =FV (rate,nper,pmt, [pv], [type]) ...
Learn more about interest on interest, or compound interest, including what it is, why it matters, and how to calculate compound interest accrued.
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