Close this search box.

All articles with 'pv' Tag

Compound Interest Formula in Excel

Published on Apr 2, 2024 in Learn Excel
Compound Interest Formula in Excel

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.

Continue »