Excel formula for compounding interest daily

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      Overview. In this Chapter This chapter contains the following topics. Topic Topic Name See Page 1 Interest Rate Reduction Refinancing Loans (IRRRLs) 6-2 2 IRRRL Made to Refinance a Delinquent Loan 6-13 3 Cash-Out Refinancing Loans 6-17 4 Quick Reference Table for IRRRLs Versus Cash-Out Refinancing Loans 6-19 5 Other Refinancing Loans 6-21

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    • Compound Interest Formulas in Excel

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      Enter mortgage interest paid. Enter tax expense. Enter homeowners’ association dues. Enter depreciation expense or depletion. Enter any one-time extraordinary expense (e.g., casualty loss). There must be evidence of the nature of the one-time extraordinary expense. Enter the number of months the property was in service (Step 1 Result).

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