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How to Use Spell Check in Excel

Excel is always a great tool to play with numbers more than texts. Thus, a feature like, spell check is often overlooked compared to text editors. But it is one of most important features that Excel offers to its users to correct any error in texts instantly.

This ultimate guide covers up on how to use spell check in Excel by leveraging the options available for you in your workbook.

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How to Calculate Compound Interest in Excel

Compound interest is the interest that is earned on both the initial principal and the accumulated interest. It is different from simple interest, which is calculated only on the initial principal. Compound interest is a powerful way to grow your money over time, as it allows you to earn interest on interest.

We will show you how to calculate compound interest in Excel using two methods: the FV function and the POWER function. Both functions can take into account the frequency of compounding, such as monthly, quarterly, or annually.

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