Yes, they are right, you and TM are wrong

Of course your total value was 1680.00

But the compounded interest is 947.90

Example here


http://nwexcelsolutions.com/financial_function_page.htm#1._Answer:_Total_inter est_compounded_over_10_years_would_be_$11,589.25


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Regards,


Peo Sjoblom





"Jolanta" wrote in message
...
Dear Roger and David

Are you telling me that the correct answer is 1 947,90 and not 1
680,00 :))