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Sean M. O'Meally
Using Numbers, Currency, and Percentages in Formulas subtopic
Under the "Calculate Accumulated Interest on an Account" section, I'm having trouble figuring out where exactly to insert the following function in the Interest Rate field:
Principal__c * EXP(Interest_Rate__c * (YEAR(TODAY()) - VALUE(YearStarted)))
Principal__c * EXP(Interest_Rate__c * (YEAR(TODAY()) - VALUE(YearStarted)))
The section in this module is looking for calculating the Accumated Interest. So create a formula field for accumated interest and execute the above formula in it. It will work.
Please let me know if you need any help!
Regards,
Deepthi