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#1
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compound interest
How can I calculate the future worth of a fixed amount of $, at a fixed interest rate? For instance, $5/day at 3%. How much in ten years?. Thanks Steve Grimes -- by1612 ------------------------------------------------------------------------ by1612's Profile: http://www.excelforum.com/member.php...fo&userid=8611 View this thread: http://www.excelforum.com/showthread...hreadid=314345 |
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#2
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=FV(3%/365,3650,5)
Assumimg all 10 years have 365 days and compounded daily "by1612" wrote in message ... How can I calculate the future worth of a fixed amount of $, at a fixed interest rate? For instance, $5/day at 3%. How much in ten years?. Thanks Steve Grimes -- by1612 ------------------------------------------------------------------------ by1612's Profile: http://www.excelforum.com/member.php...fo&userid=8611 View this thread: http://www.excelforum.com/showthread...hreadid=314345 |
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#3
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Look in HELP index for FV and then look at all of the financial functions.
-- Don Guillett SalesAid Software "by1612" wrote in message ... How can I calculate the future worth of a fixed amount of $, at a fixed interest rate? For instance, $5/day at 3%. How much in ten years?. Thanks Steve Grimes -- by1612 ------------------------------------------------------------------------ by1612's Profile: http://www.excelforum.com/member.php...fo&userid=8611 View this thread: http://www.excelforum.com/showthread...hreadid=314345 |
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#4
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thanks everyone! -- by1612 ------------------------------------------------------------------------ by1612's Profile: http://www.excelforum.com/member.php...fo&userid=8611 View this thread: http://www.excelforum.com/showthread...hreadid=314345 |
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