The formula for simple interest in Excel is =<cell with principal value>*<cell with rate of interest>*<cell with time period>. If these three values are mentioned in the A1, B1, and C1 cells, your ...

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 ...

If you expect to have $50,000 in your bank account 10 years from now, with the interest rate at 5%, you can figure out the amount that would be invested today to achieve this. You can label cell ...