daily interest

  1. A

    Calculate principal amount on daily interest

    Greetings, I'm in search of a formula to calculate the principal amount on loans with daily interest. Currently, this is done inside of a program; which is far too rigid. By moving things into Excel, I gain a ton of flexibility. The payment is straightforward. I have reversed-engineered the math...
  2. T

    How to get this Revolving Line of Credit spreadsheet to compound on specific dates (instead of every 31st day)

    [links to view the spreadsheet are at the bottom] I'm using excel 2007, windows 7 Ultimate (64-bit) I have a spreadsheet that calculates the accrued daily interest each day. The columns are: day#, month#, starting balance, deposits, withdrawals, ending balance, daily interest, and month's...
  3. R

    Credit Cards... how do i calculate their montly interest charged day by day???

    Hi there everyone, I'm having difficulties calculating the interest charged on my credit card. I have a few cards, so it's really troublesome when it comes to calculating the interest rates that will be charged on the next month. (I have very bad financial management) All the Excel gurus out...

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