Thread: compound rate
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David Biddulph
 
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"Dr. Sachin Wagh" wrote in message
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P=1000
N=5 (years)
P*(1+R)^N=1403
How do I get the value of R


The easy way is Tools Goal Seek

Another way is that R= ((1403/P)^(1/N))-1
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David Biddulph