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#1
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how do you calculate compound interest with multiple payments?
I have a series of unequal payments over unequal time periods. I would like
to calculate the compounded interest of these payments. Is there an easier way than setting this up in a table? |
#2
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how do you calculate compound interest with multiple payments?
have a look in the help index for financial functions or XIRR
-- Don Guillett SalesAid Software "Wahine15" wrote in message ... I have a series of unequal payments over unequal time periods. I would like to calculate the compounded interest of these payments. Is there an easier way than setting this up in a table? |
#3
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how do you calculate compound interest with multiple payments?
To answer your second question, you need to set up a table with each payment and
the date made. Then feed this table to XIRR. -- Regards, Fred "Wahine15" wrote in message ... I have a series of unequal payments over unequal time periods. I would like to calculate the compounded interest of these payments. Is there an easier way than setting this up in a table? |
#4
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how do you calculate compound interest with multiple payments?
Fred Smith wrote:
"Wahine15" wrote: I have a series of unequal payments over unequal time periods. I would like to calculate the compounded interest of these payments. Is there an easier way than setting this up in a table? To answer your second question, you need to set up a table with each payment and the date made. Then feed this table to XIRR. While I prefer to do it that way, too, the following paradigm works just fine: XIRR({-10000,-1000,-2000,30000}, {"1/1/2000","3/4/2001","5/6/2003","10/4/2006"}) |
#5
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how do you calculate compound interest with multiple payments?
You're correct. But you still have to list each payment and each date. I think
the OP was hoping you could specify a count, as in 10 payments of $x, followed by 14 payments of $y, etc. (as some HP calculators support). But XIRR isn't that smart. -- Regards, Fred wrote in message ups.com... Fred Smith wrote: "Wahine15" wrote: I have a series of unequal payments over unequal time periods. I would like to calculate the compounded interest of these payments. Is there an easier way than setting this up in a table? To answer your second question, you need to set up a table with each payment and the date made. Then feed this table to XIRR. While I prefer to do it that way, too, the following paradigm works just fine: XIRR({-10000,-1000,-2000,30000}, {"1/1/2000","3/4/2001","5/6/2003","10/4/2006"}) |
#6
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how do you calculate compound interest with multiple payments?
Fred Smith wrote:
You're correct. But you still have to list each payment and each date. I think the OP was hoping you could specify a count, as in 10 payments of $x, followed by 14 payments of $y, etc. (as some HP calculators support). But XIRR isn't that smart. I agree: that is a nice feature that I miss (since I use an HP 12C extensively). But that does not sound like "a series of unequal payments over unequal time periods", which the OP wrote. I suspect that the OP was referring to a PV table where she would derive the discount rate using a binary search. I sometimes resort to that myself, especiallly when I get tired of trying to find a "guess" that helps the brain-dead Excel algorithms. But that is neither here nor there. |
#7
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how do you calculate compound interest with multiple payments?
Dear Friend, I could solve your problem, if you could send me a copy of your account statement to my email address: with all your requirements. with kind regards, -- V. BALASUBBRAMANIAN ------------------------------------------------------------------------ V. BALASUBBRAMANIAN's Profile: http://www.officehelp.in/member.php?userid=4556 View this thread: http://www.officehelp.in/showthread.php?t=1219891 Posted from - http://www.officehelp.in |
#8
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how do you calculate compound interest with multiple payments?
Dear Friend, I could solve your problem, if you could send me a copy of your account statement to my email address: with all your requirements. with kind regards, -- V. BALASUBBRAMANIAN ------------------------------------------------------------------------ V. BALASUBBRAMANIAN's Profile: http://www.officehelp.in/member.php?userid=4556 View this thread: http://www.officehelp.in/showthread.php?t=1219891 Posted from - http://www.officehelp.in |
#9
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how do you calculate compound interest with multiple payments?
Thanks all. This has been helpful. Think I've got it from here.
"V. BALASUBBRAMANIAN" wrote: Dear Friend, I could solve your problem, if you could send me a copy of your account statement to my email address: with all your requirements. with kind regards, -- V. BALASUBBRAMANIAN ------------------------------------------------------------------------ V. BALASUBBRAMANIAN's Profile: http://www.officehelp.in/member.php?userid=4556 View this thread: http://www.officehelp.in/showthread.php?t=1219891 Posted from - http://www.officehelp.in |
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