Excel Compound Interest Template. To make your excel compound interest calculator even more powerful, you can extend it with the additional contributions option (additional payments) and modify the compound interest formula accordingly. Through the template of excel, you only need to fill the column and you are set to calculate.
Assume you put $10,000 into a bank. Microsoft excel includes the effect function in the analysis toolpak. To be able to use these models correctly, you must first activate the macros at startup.