Compound Interest Problem

A

Andrew Mackenzie

Can anyone tell me if there is an Excel function to calculate the future
value of an initial principal amount after adding compound interest. E.g a
function that does the following

P x (1+i%)^n

Although the formula is straightforward my client, for reasons I do not
understand, wants a specific Excel function.

Any help much appreciated.

Andrew.
 
M

Myrna Larson

Yes, there is, and strangely enough <g> it's called Future Value or FV. Check
it out in Help.
 
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