Excel Formulas to Calculate the Compound Interest ~ Simple Tricks!!
Tags: excelformula, excelformulas
Published: 2021-06-28 09:24:32

---
title: Excel Formulas to Calculate the Compound Interest ~ Simple Tricks!!
published: true
date: 2021-06-20 08:14:28 UTC
tags: ExcelFormula,Excelformulas
canonical_url: https://geekexcel.com/excel-formulas-to-calculate-the-compound-interest/
---

We have already learned the formulas to **[calculate the annual compound interest schedule](https://geekexcel.com/excel-formulas-calculate-annual-compound-interest-schedule/)**. Likewise, here we will show the formulas to **calculate the compound interest (Future Value) in Excel**. Let’s see 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 Compound Interest](https://geekexcel.com/wp-content/uploads/2021/06/Calculate-Cmpound-Interest.png)](https://geekexcel.com/excel-formulas-to-calculate-the-compound-interest/calculate-cmpound-interest/#main)<figcaption id="caption-attachment-47694">Calculate Compound Interest</figcaption>

## General Formula:

- You can use the below formulas to calculate the compound interest in Excel.

**=FV(rate,nper,pmt,pv)**

## Syntax Explanations:

- **FV** – In Excel, the **FV function** is represented as a financial function that returns the **future value** of an investment.
- **Nper** – It is the total number of payment periods (months, quarters, years, etc.) in an annuity.
- **Pmt ** – It is the payment made every period.
- **Pv**  – The present value of all future payments.
- **Rate** – It represents the interest rate.
- **Comma symbol (,)** – It is a separator that helps to separate a list of values.
- **Parenthesis ()** – The main purpose of this symbol is to group the elements.

## Practical Example:

Refer to the below example image.

- Here we will enter the input values in **Column B** and **Column C**.
- Now we are going to calculate the Future value.

![Input Ranges](https://geekexcel.com/wp-content/uploads/2021/06/Input-Ranges-49.png)<figcaption id="caption-attachment-47696">Input Ranges</figcaption>

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

![Enter the formula](https://geekexcel.com/wp-content/uploads/2021/06/Enter-the-formula-63.png)<figcaption id="caption-attachment-47695">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-49.png)<figcaption id="caption-attachment-47693">Result</figcaption>

## Conclusion:

So yeah guys this is how you can easily **calculate the interest which means the future value of a certain amount in Excel**. I hope that this article is useful to you. Let me know if you have any **doubts** regarding this article or any other article on this site.

Thank you so much for visiting  **[Geek Excel](https://geekexcel.com/)!! **If you want to learn more helpful formulas, check out [**Excel Formulas**](https://geekexcel.com/excel-formula/) **!! **

### Read Also:

- **[Excel Formulas to Calculate the Bond Valuation ~ Easy Tutorial!!](https://geekexcel.com/excel-formulas-calculate-the-bond-valuation/)**
- **[Formulas for Finding Largest Value Smaller than a Specified Number!!](https://geekexcel.com/formulas-for-finding-largest-value-smaller-than-a-specified-number/)**
- **[Excel Formulas to Calculate the Annual Compound Interest Schedule!!](https://geekexcel.com/excel-formulas-calculate-annual-compound-interest-schedule/)**
- **[Excel Formulas to Calculate Annuity Solve for Interest Rate ~ Quickly!!](https://geekexcel.com/excel-formulas-calculate-annuity-solve-for-interest-rate/)**