G Guest Sep 15, 2005 #1 How to calculate quarterly compounded interest on cumulative deposit with bank or company in ms excel
How to calculate quarterly compounded interest on cumulative deposit with bank or company in ms excel
G Guest Sep 15, 2005 #2 Given an APR to get the Yearly Effective Rate based on quarterly compoundings use the formula: =(1+APR/4)^4-1
Given an APR to get the Yearly Effective Rate based on quarterly compoundings use the formula: =(1+APR/4)^4-1