Is there a formula to calculate a accumulated compound interest rates factor from/till any given month/year?
For example, I have a table with month interest rates:
A B
1 Oct/2017 1%
2 Nov/2017 3%
3 Dec/2017 4%
4 Jan/2018 2%
5 Feb/2018 5%
6 Mar/2018 2%
So If I wan't to get the accumulated compound interest rate factor form dec/2017 till feb/2018 the formula should do this calculation:
(1+(B3/100)+(1+(B4/100)+(1+(B5/100)=1,04*1,02*1,05=1,11384
The start/end month will be in a cell, like C1, D1
Maybe a matrix formula can do this?
Thanks
For example, I have a table with month interest rates:
A B
1 Oct/2017 1%
2 Nov/2017 3%
3 Dec/2017 4%
4 Jan/2018 2%
5 Feb/2018 5%
6 Mar/2018 2%
So If I wan't to get the accumulated compound interest rate factor form dec/2017 till feb/2018 the formula should do this calculation:
(1+(B3/100)+(1+(B4/100)+(1+(B5/100)=1,04*1,02*1,05=1,11384
The start/end month will be in a cell, like C1, D1
Maybe a matrix formula can do this?
Thanks
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