Comments on: Reader Question: How Do You Calculate Compound Growth (or Interest)?

By: calculate compound interest in excel

calculate compound interest in excel — Sun, 31 Aug 2008 08:46:19 +0000

[...] tackling these mathematical questions. Here he answers with an excel function and the underlying …http://allfinancialmatters.com/2007/11/19/reader-question-how-do-you-calculate-compound-growth-or-in…Read “free download MP3″ at Salt the Wound Forum…interest mortgage prime rate calculator compound [...]

By: Keith

Keith — Thu, 20 Dec 2007 13:04:01 +0000

I have a math problem that I am having a problem with” Grow $100 monthly deposits for 30 yrs @12% compounded continuously. I need to run this on a excel spreadsheet. Which I can do using a Marco but what is the formula to run this ?

By: Brad Calkins

Brad Calkins — Fri, 14 Dec 2007 21:55:27 +0000

I have a question that I’m having trouble getting the answer correct…I’m trying to see the formula as to how they came up with the answer to the following question.

If you save $10 per week in a savings account that pays 6% interest compounded yearly how much money would be in your account in 3 years. The answer supposedly is $1703..

By: money news blog » Weekly Blog Roundup II, Market Crash Edition

money news blog » Weekly Blog Roundup II, Market Crash Edition — Thu, 06 Dec 2007 23:40:55 +0000

[...] How Do You Calculate Compound Growth (or Interest)? AllFinancialMatters loves tackling these mathematical questions. Here he answers with an Excel function and the underlying formulas. [...]

By: » Weekly Blog Roundup II, Market Crash Edition on Consumerism Commentary: A Personal Finance Blog

Mon, 26 Nov 2007 23:45:03 +0000

[...] How Do You Calculate Compound Growth (or Interest)? AllFinancialMatters loves tackling these mathematical questions. Here he answers with an Excel function and the underlying formulas. [...]

By: Roundup for week of 18 November 2007: Furnace fire edition at Mighty Bargain Hunter

Mon, 26 Nov 2007 09:14:02 +0000

[...] All Financial Matters explains to a reader how to calculate compound interest. [...]

By: Back In The Saddle - Plus A Stroll Through My Blogroll

Back In The Saddle - Plus A Stroll Through My Blogroll — Sun, 25 Nov 2007 20:20:15 +0000

[...] JLP talked about calculating compound growth. [...]

By: » Weekly Roundup - Thanksgiving Turkey Chili Edition @ fivecentnickel.com

Sun, 25 Nov 2007 13:00:55 +0000

[...] JLP talked about how to calculate compound growth. [...]

By: Free Money Finance

Free Money Finance — Fri, 23 Nov 2007 11:19:51 +0000

Star Money Articles for the Week of November 19

Here are some recent interesting posts from the MoneyBlogNetwork and beyond: AllFinancialMatters tells how to calculate compound growth. MightyBargainHunter covers flexible spending accounts. Five Cent Nickel hates Dish Network. Blueprint for Financial…

By: Jon

Jon — Wed, 21 Nov 2007 13:54:37 +0000

If anybody wants a method that will work on a simple calculator, try this:

Calculate how much money it would take for the growth alone to equal your annual contribution. For instance, if you want to add $2000 per year, and assume 12% growth, 2000/0.12 = 16666.66.

Now use the simple compounding interest formula to calculate the growth for however long you want. For instance, after 20 years you will have 16666.66 * 1.12^20 = 160771.48.

Finally, subtract out the original seed money to get the actual amount you will have. To conclude the example, 160771.48 – 16666.66 = 144104.82.