Compound Interest Project
in Excel – Time Value of Money – Compound. Interest (Value) Compounding . Interest Rate Present 1 Year 2 Years 3 Years 4 Years 5 Years 4% $10 $10.40 $10.72 8% $10 Sample . Table 2. in Excel –– Simple. Interest (Value) Example of Excel “show formulas” for Table 1. Which method earns more income, compound or simple interest? Why? ................
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