4] Calculating Interest Compounded Monthly in Excel To calculate the interest compounded monthly, change the value of the B4 cell to 12 and use the same formula. That’s it.

On of the most common uses of Excel is to calculate values. For example, if you're keeping track of inventory of your office supplies, you add up the total amount of each item by adding the cells ...

To ensure that Excel converts your date to a number enter it like this, without quotes: "4/4/2011". Then click on cell "A2" and enter the later of the two dates in the same manner.