Formula for calculating compounding intt.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 October 2015
i need to calculate some outstanding dues with interest to be calculated @ 24% p.a. at monthly compounding.
is there any formula which can be applied universaly.
The dues are some for 230 days , some for 740 days etc.
Thanks in Advance.
is there any formula which can be applied universaly.
The dues are some for 230 days , some for 740 days etc.
Thanks in Advance.
02 October 2015
https://www.caclubindia.com/share_files/compound-interest-calculator-36493.asp
Check out file from above link and see if it helps.
Check out file from above link and see if it helps.
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