seriousdamage
Board Regular
- Joined
- Aug 14, 2005
- Messages
- 58
Hello All,
I have been searching the net for an example template to calculate compound interests just like a bank would do. I found few examples but none of which do everything I am looking for.
Here is a description of what I am trying to do:
Does anyone have any suggestion how to build something like this?
Much appreciated
Regards
Nic
I have been searching the net for an example template to calculate compound interests just like a bank would do. I found few examples but none of which do everything I am looking for.
Here is a description of what I am trying to do:
- First what I don’t need but found many of, is a calculator that tells me how much money I would have in x amount of years if I deposit x amount of money…
- I am looking for a flexible template that allows me to add a line every time I would make a deposit, so I need a date, amount deposited or withdrawn.
- I can choose the Interest %
- The interest is calculated per year for example 3% per year, but paid out every quarter so that I could re-invest it
- Should be flexible to allow me to possibly make multiple deposits per month and the interest be calculated in accordance like a back would do
- Have a field where I can see at any given time how much interest I am expected at the next payment.
Does anyone have any suggestion how to build something like this?
Much appreciated
Regards
Nic