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To calculate yearly interest on investments with deposits in Excel, use the Compound Interest Formula:

=P * (1 + r/n)^(n*t)

Where:

P is the principal amount (initial investment),

r is the annual interest rate (as a decimal),

n is the number of times interest is compounded per year,

t is the number of years.

If the investment has regular deposits, you can also use the Future Value of a Series formula:

=FV(rate, nper, pmt, [pv], [type])

Where:

rate is the interest rate per period,

nper is the number of periods,

pmt is the payment (deposit) made each period.

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Mayank Singhvi

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9mo ago

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