Monday, May 20, 2019

Calculate Compound Interest

Did you know you can use Excel to figure out how much something is going to cost or how much money you'll get in the future assuming some fixed interest rate? It's call Future Value and this term is often used in business as well as personal finance. See this video to learn about using Excel to calculate compound interest with the Future Value (FV) formula and Excel's built in FV function.

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