Check out the "Mortgage Buster" at
http://ooextras.sourceforge.net/downloads/english/index.php?tab=Calc
and by studying it you can learn how the compound interest was dealt with.
Another source see:
http://www.thesimpledollar.com/2007/02/24/an-introduction-to-compound-interest-with-spreadsheets-part-1-getting-started-and-defining-compound-interest/
To verify the calculation accuracy, you may want to download the following:
http://www.softpedia.com/progDownload/Free-Compound-Interest-Calculator-Download-56861.html
JOE CONNER, POULSBO, WA USA
Linda Jenkins wrote:
Can you please tell me which spreadsheet I need to use to calculate compound
bank charges?
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