can someone show me how to type this in exel? The answer is 712,355.15 500[(1+.06/12)^(1235)-1]/(.06/12)

Question

Question

can someone show me how to type this in exel? The answer is 712,355.15

500*[(1+.06/12)^(12*35)-1]/(.06/12)

Answer 1

Answer #1

Excel

Select specific cell in the Excel Sheet and type start with = then type expression without using square brackets ( [ ] )

=500*((1+0.06/12)^(12*35)-1)/(0.06/12)

Result is:

712355.15

Answer 2

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can someone show me how to type this in exel? The answer is 712,355.15 500*[(1+.06/12)^(12*35)-1]/(.06/12)