FREE 4 Hours Complete Excel Course

FREE 4 Hours Complete Excel Course Here is a FREE, complete end-to-end Excel course to help you learn all the key and essential aspects of Microsoft Excel for Data Analysis work.     What you will learn: Download the Files ? Please enter your name & email address so I can send the files to […]

How to compare two Excel sheets using VLOOKUP? [FREE Template]

Compare two Excel sheets

You are the boss of ACME Inc. And one day, both of your accounts receivables team members Sara and James come to you with two versions of the customer payment data. How do you compare these two Excel sheets and reconcile the data? In this article, let me explain the step by step process.

Compound Interest Formula in Excel

Compound Interest Excel Formula

Classically, known as “interest on interest”, compound interest is the most common type interest used in every day finance situations.

To calculate compound interest in Excel,

on principal amount P
at the rate of interest R
for the number of years N
and compounded T times per year
we can use the formula = P*(1+R/T)^(N*T)

In this article, understand how to calculate various kinds of compound interest values using Excel formulas.