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Excel Calculation Problem Formula etc
Hi everyone,
Hope you are well. Quite a novice when it comes to Excel. Was I was hoping to do was this: I always wanted to put aside $1 a day for my nephew so at 18 years of age they could purchase a vehicle. The idea was that with compound interest, that amount over 18 years would grow significantly. Like most things, where good intentions exist, one never gets around to doing anything. (sidetracked, lazy, all the other excuses) Well, a couple of years ago when I lost a parent and the grandparent of this nephew, I thought, ok now I’d like to present them with a car on their 18th on behalf of their grandparent they were close to. I seriously digress. The point is this nephew is now 12+ and I have some serious catching up to do if I wish to fulfil this intention. So back to Excel, 18 years, $1 per day, compound interest included, backdated to say 1996. Any assistance in where to begin with all this would be greatly, greatly appreciated Kind Regards Thanks in advance |
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