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Sunday, May 2, 2010

The following worksheet shows Account no. , Name, Deposit amount, yearly rate of interest and no. of days of deposit. Write steps to compute simple interest in column E assuming 365 day year. (Excel Problems)

The following worksheet shows Account no. , Name, Deposit amount, yearly rate of interest and no. of days of deposit. Write steps to compute simple interest in column E assuming 365 day year. 




To compute simple interest in column F,
Enter the formula

=C2*D2*E2/365 in cell F2  and then press enter key,

using the fill handle of cell F2, copy the formula to cells F3 :F15
by dragging the fill handle up to cell F15 .
 

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