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Annual compound interest calculation - dynamically updates on a given period using Power Query and shows monthly until the last selection date.

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(@sam_myonline)
Posts: 1
New Member
Topic starter
 

I would like to know how to get the updated interest calculation using Power Query for the given example below when choosing the date in E5, and it should be reflected monthly for recording. I used the formula in cell E17 =FV($E$3,DATEDIF($C7,E$5,"D")/365,,-$D7)-$D7

Please see the attachment

 

Thank you

Samuel

 
Posted : 06/05/2024 6:46 am
Riny van Eekelen
(@riny)
Posts: 1185
Member Moderator
 

There is no attachment. Please try again and don't forget to press "Start upload" before you submit your reply.

 
Posted : 06/05/2024 7:25 am
Alan Sidman
(@alansidman)
Posts: 220
Member Moderator
 

Look at this link for a tutorial on PQ and Future Value Calculation.

https://www.thebiccountant.com/2023/01/02/future-value-function-fv-for-power-query/

 
Posted : 06/05/2024 11:21 am
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