To calculate the interest compounded monthly, change the value of the B4 cell to 12 and use the same formula. That’s it. Let us know if you have any questions regarding the calculation of CI in ...

Microsoft Excel has dozens of preset formulas for many types of mathematical calculations, but compounding interest isn't one of them. To calculate the future value of a single amount compounded ...

Calculating Simple Interest is an excellent method to judge your savings in advance. However, calculating it for various interests and principal sums could be complex. This is where Excel comes to ...