Simple interest rate calculation

H

hpbdayananda

New Member
Joined
Jun 26, 2024
Messages
1
Office Version
  1. 2013
Platform
  1. Windows
Please help.

I need an excel formula for my personal interest rate calculations. Can someone please give me a formula, so that I just need to input the data in the first 4 columns

Principle amountInterest ratestart datematurity period (months)Interest amount for the period ending
31-Mar-2531-Mar-26
1,000,000.00
10%​
1-Jun-24​
12
500,000.00
8%​
8-Aug-24​
6
 

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