How do I get this answer in Microsoft Excel? The equation is y=C(1+r)^t and my equation is y=500(1+.08)^5.?

=C*(1+r)^t





C, r and t in the actual equation would be represented by the cell reference and those cells would contain the input data.


Don't forget the asterisk because excel doesn't assume that a value next to a bracket is a multiplier like a calculator does.

How do I get this answer in Microsoft Excel? The equation is y=C(1+r)^t and my equation is y=500(1+.08)^5.?
Hi, =500*POWER((1+0.08),5)





Ans 734.6640384
Reply:=500*(1+.08)^5

daisy