Thread: Simple interest
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Fred Smith Fred Smith is offline
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Default Simple interest

All financial functions use compound interest. You wanted simple interest. So
the answer is, no, there is no financial function for your calculation.

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Regards,
Fred


"Gorthi" wrote in message
...
Which function do i use in the Financial calculations? This mathematical way
is ok.
Is it the only way?

"Stefi" wrote:

(122.75*(365/35))/100-1=11.80107143=1180.11%
Please, let me know the next such investment opportunity!
Regards,
Stefi



"Gorthi" ezt írta:

I invested 100$ 35 days back and got 122.75$ today, I want to calculte the
interest received