Excel Software.
If I have invested $5000 on 13.11.2005 for 3 years, what will be the interest separately for every year (quarterly compounded)? Something I want like as below. Int for 13.11.2005 to 31.04.2006, say A plus principal say B = C. Int for 01.04.2006 to 31.04.2007, say D plus C. Thus, A, B, C, and D should reflect in different columns or rows. Thus by entering amount, value date, rate of interest, and the two dates for which interest is required, i.e., 01.04.2006 to 31.03.2007 like this. But all should come in one sequence. I hope that anyone will definitely help me in this matter. Thanking you.
If I have invested $5000 on 13.11.2005 for 3 years, what will be the interest separately for every year (quarterly compounded)? Something I want like as below. Int for 13.11.2005 to 31.04.2006, say A plus principal say B = C. Int for 01.04.2006 to 31.04.2007, say D plus C. Thus, A, B, C, and D should reflect in different columns or rows. Thus by entering amount, value date, rate of interest, and the two dates for which interest is required, i.e., 01.04.2006 to 31.03.2007 like this. But all should come in one sequence. I hope that anyone will definitely help me in this matter. Thanking you.