Excel formula

stevenwjbeattie

New Member
Joined
Nov 16, 2005
Messages
1
I am trying to create a formula which calculates compounded interest. Ideally i want a cell with a figure, say £1,000 and the next one with a percentage, say 5% and the next one with another percentage, say 4% and the final one which calculates the total figure (ie 1000 x 5% + total of this sum (1050) x 4%, giving a total of £1092).

Can this be done?
 

Excel Facts

How can you automate Excel?
Press Alt+F11 from Windows Excel to open the Visual Basic for Applications (VBA) editor.

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