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Function To Calculate Simple Interest And Compound Interest?

Hi

I want to know the function to calculate the SI and the CI in Excel. I know manually we calculate the Simple Interest = P*R*T and compound Interest = P(1+i)^n . When I calculate the SI using inbuilt function of Excel i.e. PMT as shown in the following link

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It given right answer. But if on same data i apply P*R*T it gives something different. Also I saw following site

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it uses FV function. Kindly advice how to calculate the Si and CI using inbuilt functions. I just want to calculate it when there is no change in the rate of interest in the subsequent years and it will remain same.

Regards

Harbinder Singh


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A previous poster explained what I also need; there were no responses,
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