How To Calculate Simple Interest In Excel Explained - Formula For Simple Interest In Excel
1:49
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How To Calculate Simple Interest In Excel Explained - Formula For Simple Interest In Excel
In this video we discuss how to calculate simple interest in an excel spreadsheet. We go through step by step how to put the formula into excel, using years, months and days Transcript/notes The formula for simple interest is interest amount equals the principal times the rate of interest, times time. Let’s say that someone borrows $1000 ...
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