Excel Finance Trick #2: Simple & Compound Interest

29 Nov
2009
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See how to use the FV function. See the math formula for calculating Future Value and for calculating the effective interest rate. Also see long hand how compound interest is calculated. See that Excel only sees 15 significant digits in Excel. Learn that Excel 2007 has 100 Undo, whereas Excel 2003 only had 16. In This Series learn 17 amazing Finance Tricks. Learn about the PMT, PV, FV, NPER, RATE, SLN, DB, EFFECT, NOMINAL, NPV, XNPV, and the CUMIPMT functions that can make your financing …

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