SLS Excel Spreadsheet For PT

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Compound Interest Calculator

Principal ($) 1000

Interest Rate (%) 400%

Year Total Amount($)

1 1,040.00

2 1,081.60

3 1,124.86

4 1,169.86

5 1,216.65

6 1,265.32

7 1,315.93

8 1,368.57

9 1,423.31

10 1,480.24

11 1,539.45

12 1,601.03
13 1,665.07
14 1,731.68
15 1,800.94
16 1,872.98
17 1,947.90
18 2,025.82
19 2,106.85
20 2,191.12
21 2,278.77
22 2,369.92
23 2,464.72
24 2,563.30
25 2,665.84
26 2,772.47
27 2,883.37
28 2,998.70
29 3,118.65
30 3,243.40
31 3,373.13
32 3,508.06
33 3,648.38
34 3,794.32
35 3,946.09
36 4,103.93
37 4,268.09
38 4,438.81
39 4,616.37
40 4,801.02
41 4,993.06
42 5,192.78
43 5,400.50
44 5,616.52
45 5,841.18
46 6,074.82
47 6,317.82
48 6,570.53
49 6,833.35
50 7,106.68
51 7,390.95
52 7,686.59
53 7,994.05
54 8,313.81
55 8,646.37
56 8,992.22
57 9,351.91
58 9,725.99
59 10,115.03
60 10,519.63
61 10,940.41
62 11,378.03
63 11,833.15
64 12,306.48
65 12,798.74
66 13,310.68
67 13,843.11
68 14,396.84
69 14,972.71
70 15,571.62
71 16,194.48
72 16,842.26
73 17,515.95
74 18,216.59
75 18,945.25
76 19,703.06
77 20,491.19
78 21,310.83
Instructions
Step 1: Key in the two main inputs (i.e. Principal and
interest rate) we will be using in our calculations, into cells
D4 and D6 respectively.

Step 2: Insert the formula below into cell D9 to obtain the


total amount Shane will have at the end of Year 1. The
formula should reference cells B9, $D$4 and $D$6.

Step 3: Extend and duplicate the calculations to more


rows by highlighting cells B9 to D9, then click on the
square at the bottom right corner and drag downwards to
extend the highlighted box e.g., to row 20. You may wish
to add more rows to reach the targeted value.

Step 4: Upload the completed excel file in SLS Activity 1


Q1.

Step 5: Answer Q2 in SLS Activity 1 Q2.

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