What is a compound formula in Excel?
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When you invest money, you can earn interest on your investment. ... The general formula for compound interest is: FV = PV(1+r)n, where FV is future value, PV is present value, r is the interest rate per period, and n is the number of compounding periods.
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When you invest money, you can earn interest on your investment. ... The general formula for compound interest is: FV = PV(1+r)n, where FV is future value, PV is present value, r is the interest rate per period, and n is the number of compounding periods.
hope it helps uhh..!!
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