Simple interest
This is a straight percentage problem. The simple interest rate is
(122.75-100.00)/100.00 = 22.75%
If you want to annualize this rate, use the =Rate function.
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Regards,
Fred
"Gorthi" wrote in message
...
I invested 100$ 35 days back and got 122.75$ today, I want to calculte the
interest received
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