I have a spreadsheet with values in columns like a1:100 b1:200 c1:300 d1:400
Lets say these are values for Jan,Feb,Mar,April
I want to find out at what single monthly compound interest rate, the value of a1 reaches c1 or d1. I know that simple interest rate is 100% per month in the given example. But how do I find the compound interest rate in Google Spreadsheet knowing the output values over many months?
[I need to find value of i in the formula in google spreadsheet, given values of F, P, i] Here i is the compound interest, P is initial amount, F the final amount. n is the number of months.
F = P ( 1+i )^n