Annual Percentage Yield (APY) and Future Value and Effect function in Excel by Chris Menard 

How did you get the percentage rate? Was it a formula from using the APY?

Much appreciated. Thanks for the info.

thanks it was very helpful

Chris - nice presentation. At the 2:17 point you say the interest rate is daily. That would be a very high annual rate. Did you mean to say that the rate was compounded daily?

Chris, Thanks for this information. I was struggling to workout my daily interest on my money but you showed me some very easy functions to use. Great stuff.

Thanks for the video, Chris. Great revision of some of the accounting functuions that haven't used in a while

You are a very good teacher. Thank you for explaining the APY is such detail. I now have my own spreadsheet. Thank you!!!

thanks for the great video! what if the bank does not offer compounding at all? does the same formula apply?

Great Video but I too am not sure how you found the actual interest rate. Did you find it by calculating it or did you find it on the Discover website.

What would I change to get the daily interest when it is compounded monthly? Also, do you know a formula to find the interest rate when only the apy is given? Thx

Amazing teacher & very clear explanation with topic explain with examples !

Your video was very helpful, thank you, Chris!

Thanks a lot for your video. I have a question : What is the formula to have the right Ending Value of an Random day. Let's say, I want to calculate the Ending Value after 9 days ? (without doing day by day as you did)

where do I find the excel file mentioned at 8:42 in the video, cannot find it in blog posting

This was a great video. keep up the great work

Thank you! This was super helpful for me.

wow,I found a home here, great interest video.

You do a very good job Chris. Thanks a bunch

Excellent video 👍🏾