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julie410 julie410 is offline
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Default how do i create a cd calculator

I know basic excel functions, could you help me with the formula? The initial
investment is $5000, interest rate has fluctuated but it started at 3.5%, and
interest is earned monthly.

"Fred Smith" wrote:

You want the FV (future value) function. Post back if you need more help.

Regards,
Fred.

"julie410" wrote in message
...
I have a Certificate of Deposit that automatically transfers the interest
to
another account. I'd like to create a worksheet that would tell me how
much
would have been in the CD if the interest had been left.