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compounding of a number in excel?
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N Harkawat
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Assuming 5% per year equals 5/12 % per month
=100000*(1+5/1200)^60
"Wolsen" wrote in message
...
How do I do monthly compounding of a number? $100,000 @ 5% compounding
monthly for 5 years.
Excel 2002 SP3
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