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WebUse the following functions: PMT calculates the payment for a loan based on constant payments and a constant interest rate. NPER calculates the number of payment periods …
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Web=P+ (P*EFFECT (EFFECT (k,m)*n,n)) The general equation to calculate compound interest is as follows =P* (1+ (k/m))^ (m*n) where the following is true: P = initial principal k = annual …
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WebRequired Minimum Distribution Calculator. Fund Analyzer. Savings Goal Calculator. More Tools. Determine how much your money can grow using the power of compound interest.
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WebIn Excel, here is a formula that can help you to quickly calculate the compound interest. Supposing there is $1000 initial principal in your account and the interest rate is 8% per …
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