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how to calculate quarterly compounded interest in ms excel



 
 
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Old September 15th, 2005, 03:51 PM
Shreepad
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Default how to calculate quarterly compounded interest in ms excel

How to calculate quarterly compounded interest on cumulative deposit with
bank or company in ms excel
  #2  
Old September 15th, 2005, 04:59 PM
David Billigmeier
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Given an APR to get the Yearly Effective Rate based on quarterly compoundings
use the formula:

=(1+APR/4)^4-1

--
Regards,
Dave
!--


"Shreepad" wrote:

How to calculate quarterly compounded interest on cumulative deposit with
bank or company in ms excel

 




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