• Resolved Michel Saguiar

    (@michelsaguiar)


    Hello, can you help me?
    
    I have a question about how to create the result calculation for the Compound Interest Calculator with monthly contribution.
    
    The fields created were:
    
    1 - Value of the initial contribution ($)
    2 - Monthly Contribution Amount ($)
    3 - Monthly Interest Rate (%)
    4 - Investment time in months
    -------------------------------------------------- ------------
    5 - Final total value
    Note: I am not able to calculate this value.
    
    The formula I could think of was this one but it doesn't work.
    fieldname5 * pow (1 + fieldname4, fieldname3)+ (fieldname10 * pow (1 + fieldname4, fieldname3)-1)
    
    Link to a reference calculator: https://investidorsardinha.r7.com/calculadoras/calculadora-de-juros-compostos/
    
    Can you help me?
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