Heavy Highway Contractor

Does any one have a excel worksheet that computes compounding interest that they are willing to share? or anything similar.  We recently requested an increase to our  interest rates in the savings account.  I'm trying to work up an amount that I need to maintain in the savings account that would offset all our equipment/vehicle loans interest expense.

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Sulema Jimenez
Controller
JE Construction Services, LLC
Corpus Christi TX
(361) 289-2901
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Sulema,
I think this will help :)
https://excelbianalytics.com/wp/tips-tricks-91-financial-function-calculate-compounded-interest/

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Carol Hagen
carol.hagen@uscad.com
(602) 570-7289
CFMA member since 1997
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Original Message:
Sent: 11-11-2022 11:37
From: Sulema Jimenez
Subject: Increase Interest rates -savings account

Does any one have a excel worksheet that computes compounding interest that they are willing to share? or anything similar.  We recently requested an increase to our  interest rates in the savings account.  I'm trying to work up an amount that I need to maintain in the savings account that would offset all our equipment/vehicle loans interest expense.

------------------------------
Sulema Jimenez
Controller
JE Construction Services, LLC
Corpus Christi TX
(361) 289-2901
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