Maybe. For example, if I invest $1000 at .08 percent, I get $1080.00

Is this formula correct?

CLEAR

LOCAL nAmount, nPercent, nTotalMonths, nEarning, nTotVal

nAmount      = 1000
nPercent     = .08
nTotalMonths = 12
nEarning     = 0
nTotVal      = 0

FOR nMonth = 1 TO nTotalMonths

  nEarning = nAmount * nPercent
  nTotVal = nAmount + nEarning 

ENDFOR

? nTotVal

Correct?



>>I need an investment calculator that will tell me the value of a sum of
>>money at a specified rate over a specified time period.
>
>Sounds like you're talking about the Present Value. If that's the case, check out the PV() function.
>
>Regards,