compound interest formula with deposit fee

Job ID: 36700299

Budget: $10 – $30 USD

I am looking for a freelancer to help me create a compound interest formula with a deposit fee. The project requires someone who has a strong background in mathematics and financial calculations.

Deposit Amount: Less than $1000
Interest Rate: Less than 5%
Compounding Frequency: Daily

The ideal candidate should have experience in creating compound interest formulas and should be able to optimize the math for daily compounding frequency. Additionally, the candidate should be able to provide clear and concise documentation for the formula.
Related categories: Accounting Excel Statistics Finance Mathematics