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Calculation of Compounded Interest on a debt
HELP please. I have looked through all possible formulae but cannot find one
to suit. I am trying to find an easy / short way to calculate interest on a debt , but compounded on a daily basis. The info I will have will be :- 1. Amount of debt 2. Start date of debt 3. Date to which interest is to be calculated to 4. Interest rate ( fixed ) How can I create a formulae to calculate this in one swoop ? |
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