PromptBase
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Over 1 month ago
Prompt Details
Model
Completion - GPT-3.5 (text-davinci-003)
Token size
274 ($0.00550 / call)
Example input
Create an Excel formula that can calculate the compound interest on a loan of $10,000 at an interest rate of 5% per year, with monthly payments, over a period of 5 years. The formula should be able to handle changes in the payment schedule, and should be able to accurately calculate the interest for any given period of time
Example output
The formula is:
=PMT(5%/12,60,-10000)+FV(5%/12,60,-PMT(5%/12,60,-10000))