Question

 How do I calculate simple interest in Excel?

Answer Enter ValuesEnter the amount of money accruing interest in cell A1, the number of years the money will accrue interest in cell A2 and the annual interest rate expressed as a percentage in cell A3. ... Read More »
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Top Q&A For: How do I calculate simple interest in Excel

How do i calculate simple interest?

Calculate Interest Per YearMultiply the annual interest rate by the principal of the account. For example, if you left $500 in an account that paid 3 percent interest, you would multiply $500 by 0.... Read More »
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How to Calculate Simple Interest?

Simple interest is the amount of interest paid based on only the original amount lent or borrowed, rather than being based on accumulating interest. The formula for this is very simple: I=PRT, wher... Read More »
http://www.wikihow.com/Calculate-Simple-Interest

How do I calculate simple interest daily?

Calculate Daily Interest PercentageDivide the annual interest rate by 365 to calculate the daily interest rate. For example, if your annual interest rate was 2.5 percent, you would divide 2.5 by 36... Read More »
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How do i calculate the percentage of simple interest?

Divide the amount of interest earned by the amount of money originally in the account to find the interest rate expressed as a decimal. For example, if you put $300 in an account and earned $6 of i... Read More »
http://www.answerbag.com/q_view/2070496


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