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Financial formula to calculate interest income
I have the following spreadsheet: column a Year 2006 column b Beginning balance 25000 column c yearly contribution 10000 column d Interest Rate 15% column e Interest Income ?? column f Ending Balance Beg bal + yr contr + Int income Contributions would be made at the beginning of year. Interest rate is annual interest rate. WHAT IS THE FORMULA FOR THE INTEREST INCOME? -- JR573PUTT ------------------------------------------------------------------------ JR573PUTT's Profile: http://www.excelforum.com/member.php...o&userid=31587 View this thread: http://www.excelforum.com/showthread...hreadid=524970 |
Financial formula to calculate interest income
Your question has been answered one minute ago.
Even if the answer doesn't help you completely, please stay in the same thread, otherwise many people might spend efforts for something already solved. -- Kind regards, Niek Otten "JR573PUTT" wrote in message ... I have the following spreadsheet: column a Year 2006 column b Beginning balance 25000 column c yearly contribution 10000 column d Interest Rate 15% column e Interest Income ?? column f Ending Balance Beg bal + yr contr + Int income Contributions would be made at the beginning of year. Interest rate is annual interest rate. WHAT IS THE FORMULA FOR THE INTEREST INCOME? -- JR573PUTT ------------------------------------------------------------------------ JR573PUTT's Profile: http://www.excelforum.com/member.php...o&userid=31587 View this thread: http://www.excelforum.com/showthread...hreadid=524970 |
Financial formula to calculate interest income
Not what I am looking for -- JR573PUTT ------------------------------------------------------------------------ JR573PUTT's Profile: http://www.excelforum.com/member.php...o&userid=31587 View this thread: http://www.excelforum.com/showthread...hreadid=524970 |
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