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future value function for compound interest
How would I use the FV function for compound interest on an investment
maturing in 30, 60, or 90 days? So, for example, where would I plug in the following values: $1,000 investment 1.39% interest rate 30 day I need to do the same for 90 days, 60 days, 6 months and 9 months. Thanks! |
#2
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future value function for compound interest
On Aug 20, 7:36 pm, frustrated wife
wrote: How would I use the FV function for compound interest on an investment maturing in 30, 60, or 90 days? So, for example, where would I plug in the following values: $1,000 investment 1.39% interest rate 30 day I need to do the same for 90 days, 60 days, 6 months and 9 months. Thanks! If those 3 number facts are in A1:A3.... =FV(A2,A3/30,,-A1) I assumed the rate was a 30 day rate based on your comments. You'd have to adjust the A3/30 to match the rate if necessary. |
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