How to Calculate Daily Interest3
How to Calculate Daily Interest
Collect the necessary information.
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Launch your preferred spreadsheet such as Microsoft Excel.
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Enter the details for your specific calculation in column B rows 1-4 to coincide with the labels.
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Click on cell B5 to select it and then click inside the formula bar to enter this formula: =B1*(1+B2/B3)^(B4*B3) and click enter.
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Calculate compound interest manually.
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