How would I take a fixed rate such as 1.5% use daily compound interest in order to exponentially grow another number?

For example, I have an interest rate of 1.5 every day I want 1.5% of 1,000 to be added to the 1,000. So that tomorrow it will be 1015 and the process will continue.

1 Answer 1


(Start Date)A1 = dd/mm/yyyy
(Formula For Todays date) A2 =Today()
(Starting Amount)A3 = 1000
(Compounded Amount)A4 =(A2-A1)*-0.015*1000+1000

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