Compound Interest

Discuss trading options for the afternoon/evening racing
should be focused (mainly) on the pre-race market
tonyde
Posts: 2
Joined: Mon Oct 22, 2018 8:54 am

Compound Interest

Postby tonyde » Mon Nov 05, 2018 4:26 pm

Hi
Could anyone please advise how to set Excel up with a formula, to add 2% per day using a spreadsheet to calculate compound interest starting with a £100 bank?
Cheers
Tony :D

Weird Dan
Posts: 1
Joined: Tue Nov 06, 2018 4:44 pm

Re: Compound Interest

Postby Weird Dan » Tue Nov 06, 2018 4:53 pm

Hi
Enter 100 in your first cell (let's say cell C3), in cell C4 enter "=C3*1.02" (without the quotation marks), copy this down through cells C5 and so on by dragging the pan handle as far as you want to go.
Is that what you needed?
Cheers
Dan

tonyde
Posts: 2
Joined: Mon Oct 22, 2018 8:54 am

Re: Compound Interest

Postby tonyde » Wed Nov 07, 2018 1:35 pm

Thanks Dan
Much appreciated


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