The demise of compound interest tables

[Richard Purvey]

Back in the 1980s and 1990s in an Edinburgh pensions and life company, I had to look up tables of (1+i) to the power of n (they referred to these as “compound interest tables”).  To do this using excel, put whatever value you have for i into cell A2 and whatever value you have for n into cell B2, and into cell C2, put the formula =(1+A2)^B2

 

 

[James Whetzel]

Thanks for the recommendation!

[Author]

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