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01/01/2018
Compound Interest Calculator in Excel
This is a simple tool that students can use to solve compound interest problems.
For a detailed description see the screenshot in the attached pdf file.
About the Solutions
This single-page Excel spreadsheet requires that you input the principal amount invested, the annual interest rate, the number of compounding periods per year, and the time that passes (in years). Then the following are automatically calculated for you:
- final balance in account
- total interest earned
- balance and interest earned under continuous compounding (a comparison)
- table of values showing balance as it grows over time
- graph of account balance growth over time - customizable for whatever time span you are interested in
Question Files
Compound Interest Screenshot.pdf
Other Details about the Project/Assignment
Subjects
:
algebra -> business -> financial calculator
Topic
:
Simple calculator for accounts bearing compound interest
Level
:
College
Tags
:
interest, APY, compounded, finance, $
Price
:
$4.95
Purchase and Download Solutions
Math Genius
Christine K.
Member Since:
Jan 2009
Customer Rating:
99.7%
Projects Completed:
1653
Total Earnings:
Private
+1 Ratings from clients:
785
Project Details
Question Files
Compound Interest Screenshot.pdf
Subjects
:
algebra -> business -> financial calculator
Topic
:
Simple calculator for accounts bearing compound interest
Level
:
College
Tags
:
interest, APY, compounded, finance, $
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