Question

Difference between basic formula and compound formula in excel

Answer 1

Answer:

Basis Formula are

simple formula, they are very easy

Answer 2

Basic formula and Compound formula in excel

Explanation:

The calculation is a description published by the consumer to be computed.

• The distinction is that the feature is a constructed-in approximation, while the equation is a customer-defined calculation.
• The equation may only use a single component.
• When you want to calculate the potential value of an property, you must receive a steady rate of interest.
• This is achieved using the compound interest formula below:-

                                        =P*(1+r)^n

For example:-

When you insert = AVERAGE(A1:A56) that is an equation, use the AVERAGE method.

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