How to calculate the rate of interest for Recurring Deposit I want to calculate the Rate of Interest compounded quarterly when monthly installment, time period and maturity value is known. Hyper-v secure boot template. I want to use the formula to calculate the current interest rate for my SIP investment. Excel Compound Interest Formula - How to Calculate Compound Interest in Excel.

1. How To Calculate Compound Interest For Recurring Deposit In Excel Formula
2. Excel Formula For Compound Interest With Regular Deposits

How To Calculate Compound Interest For Recurring Deposit In Excel Formula

= (C6 /C8,C7.C8, 0, -C5 ) How this formula worksThe FV function can calculate compound interest and return the future value of an investment. To configure the function, we need to provide a rate, the number of periods, the periodic payment, the present value.To get the rate (which is the period rate) we use the annual rate / periods, or C6/C8.To get the number of periods (nper) we use term. periods, or C7. C8.There is no periodic payment, so we use zero.By convention, the present value (pv) is input as a negative value, since the $1000 'leaves your wallet' and goes to the bank during the term.The solution goes like this this.

Excel Formula For Compound Interest With Regular Deposits

Simply put I want to know how to get the functionality on: in Microsoft Excel.I tried with the FV functon but it does not seem to have support to increase the payments every year.The increase in payments could be specified in percentage points (as in the page linked to) or even by a fixed amount every year (like 'increase deposit by 10000 every year).An illustration: Year 1: Monthly Deposit: 5000No. Of deposits in a year: 12Interest rate: 10%Interest compounded quarterlyTotal deposited during the year:.60000.Interest earned in first year:.3323.Year 2: Amount carried forward from first year:.603323. (principal + Interest)Monthly Deposit: 5500 (increased by 10% or increased by a fixed value of 500 every year)No. Of deposits in a year: 12Interest rate: 10%Interest compounded quarterlyTotal deposited during the year: 66000Interest earned during year: 13552 (large, because we started the year with seed value from previous year)and so on.The FV function gives me correct value for year 1, but I could not find a way to extrapolate it to increase investment every year.