Compound interest question
Hi Peter,
Look at the RATE() function
See HELP for details
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Kind regards,
Niek Otten
"Peter" wrote in message
...
an anyone please advise how I may do the following?
A sum of money is invested for 5 years - at the end of that 5 years
interest is paid ( a known amount)
How can I work out what rate of interest has been paid if no
withdrawals have been made i.e the rate of compound interest paid.
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Cheers
Peter
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