Excel Formulas to Calculate the Annual Compound Interest Schedule!!
Tags: excelformula, excelformulas
Published: 2021-06-28 02:57:07

---
title: Excel Formulas to Calculate the Annual Compound Interest Schedule!!
published: true
date: 2021-06-19 13:17:37 UTC
tags: ExcelFormula,Excelformulas
canonical_url: https://geekexcel.com/excel-formulas-calculate-annual-compound-interest-schedule/
---

Compound interest is interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan. It is one of the most important financial calculations which most of us often use. Here we will discuss the **formulas to calculate the Annual Compound Interest Schedule in Excel**. Let’s get them below!! Get an official version of ** MS Excel**  from the following link: [https://www.microsoft.com/en-in/microsoft-365/excel](https://www.microsoft.com/en-in/microsoft-365/excel)

[![Calculate the annual compound interest](https://geekexcel.com/wp-content/uploads/2021/06/Calculate-the-annual-compound-interest.png)](https://geekexcel.com/excel-formulas-calculate-annual-compound-interest-schedule/calculate-the-annual-compound-interest/#main)<figcaption id="caption-attachment-47656">Calculate the annual compound interest</figcaption>

## General Formula:

- If you want to calculate the annual compound interest schedule, you can use the below formula.

**=start+(start\*rate)**

## Syntax Explanations:

- **Start** – It represents the starting amount.
- **Rate** – It specifies the interest rate.
- **Plus operator (+)** – This symbol is used to add the values.
- **Multiplication (\*)** – In this symbol will multiply any two values or numbers.
- **Parenthesis ()** – The main purpose of this symbol is to group the elements.

## Example:

Let’s consider the below example image.

- First, we will enter the input years in **Column B** and the Initial amount is entered in **Cell C3**.
- Here we need to find the annual compound interest which is given in **Column E**.

![Input Ranges](https://geekexcel.com/wp-content/uploads/2021/06/Input-Ranges-46.png)<figcaption id="caption-attachment-47658">Input Ranges</figcaption>

- Select any cell and type the above-given formula.

![Enter the formula](https://geekexcel.com/wp-content/uploads/2021/06/Enter-the-formula-60.png)<figcaption id="caption-attachment-47657">Enter the formula</figcaption>

- Finally, press the ** ENTER**  key, you can get the result as shown below.

![Result](https://geekexcel.com/wp-content/uploads/2021/06/Result-48.png)<figcaption id="caption-attachment-47659">Result</figcaption>

## Closure:

So yeah guys this is how you can use it to **calculate the Annual Compound Interest Schedule in Excel**. Hope you like this article. Please share your **query** below in the **comment** box. We will assist you.

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