Insert Calculations into the Deposit Agreement and eSign it in minutes

Aug 6th, 2022
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How to Insert Calculations into the Deposit Agreement

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hi and in todays microsoft word tutorial im going to quickly show you how to use formulas in word now obviously when weve used excel before we can do lots of different calculations which are really useful but sometimes we just want to do simple calculations lets say for example if you were adding up an invoice or a table or just wanting to get some details from some accountancy youve been doing so im going to show you how to add up these columns and rows and also some other sums you can do as well so as you can see ive got a total here a total here and a total down here and thats just to show you how you can have a total at the beginning of your row at the end of your row and at the bottom of your columns now lets start at the end here if i click in the cell here go up to layout and go along to formula now automatically this dialog box will appear and word has understood that you probably want to add up everything to the left of this cell so all of the numbers just move this o

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=Purchase Price-PV(Rate,Nper,-Pmt) The loan amount will be subtracted from the purchase price to get the deposit amount. Rate: is the interest rate per period. It will be divided by 4 if it is per quarter or 12 if its per annum. Nper: is the total number of payment periods in an investment, which will be 48(4*12).
Hence, if a two-year savings account containing $1,000 pays a 6% interest rate compounded daily, it will grow to $1,127.49 at the end of two years.
A = P(1+r/n)(nt) If the interest rate is 1.25% APY, r is 0.0125. n is the number of times that interest in compounded every year. Most CDs pay interest that is compounded daily, so n = 365. Check with your bank to verify the interest is compounded daily.
=Purchase Price-PV(Rate,Nper,-Pmt) The loan amount will be subtracted from the purchase price to get the deposit amount. Rate: is the interest rate per period. It will be divided by 4 if it is per quarter or 12 if its per annum.
CI = P(1 + (r/12) )12t P is the formula of monthly compound interest where P is the principal amount, r is the interest rate in decimal form, and t is the time.
Annual percentage yield (APY) is calculated by using this formula: APY= (1 + r/n )n n 1. In this formula, r is the stated annual interest rate and n is the number of compounding periods each year.
The formula to calculate returns on FDs is A= P(1+(r/n)^n*t. Returns and interest earned on FDs is fully taxable.

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