I need to locate/write a formula that can calculate the declining balance on revolving interest loans, such as a credit card. The formula needs to calculate the number of remaining monthly payments based on a stated interest rate and payment amount (i.e., present balance $2000, annual interest rate 18.99%, payment $60 per month). And then, if possible, the formula also needs to translate the answer into a definite Month and Year going forward from today's date (or calculated in another cell of the worksheet for display).
In essence the formula would begin as
(2000 + (2000 * (.1899/365)) * 30) - 60 =
then repeat the calculation using the answer above, and so on, until the original principal amount had declined to $0, and finally count the number of months it do to get there. This is essentially a mortgage type of calculation.
I know I could write the formula repeatdly one month at a time across a few hundred/thousand cells, but there must be a more economical way to do so.
For the small database in my example workbook, I would like to apply credits earned at a later date to the oldest charges and create a "To Date" balance. After creating the "To Date" balance, I would like to select the smallest "To Date" balance as a way to identify the first charge that has no payment. Please see the attached for more clarity and additional information. The last column shows the desired results.
need a formula that will give me a balance at the end, needs 2 columns with charges and credits and it allways give correct balance total on last column. have not used Excel for long time and forgot.
In a sheet showing 4 columns,a debit column,a credit column,a sold and a 4th column.I need in D3 a formula which calculates the balance of the first in first out balance,by diminishing the credits from the first debit and therefore to sold what remains from the 1st debit,once the first debit is settled ,then to sold the remaining from 2nd debit and so on,beside the formula in E3 I need a formula which returns the reference of the cell of which the remaining sold refers to.
I want to create a formula in A1 to automatically add each number (1+2+....)without creating a new formula every time. I want to start this operation in B1.
Am trying without success to create a formula to calculate average daily balance from a ledger that has a variable amount of entries per month. The variability of # of entries has me stumped. For example:
I have a very large spreadsheet which holds a lot of data, and has a custom reports system built into it, (i.e. running on a load of macro's)... The reports gather their info from a range of hidden cells which run different formula's to provide such results as 1 or 0 so that it collates into another sheet...
however, I have found recently that when I need to update any of the formula's and whatnot, the formula does the calculation and then disappears... whereas I need the formula to be there constantly so that the report is providing the correct information!
I am trying to calculate the present value of a terminal period in Excel. The manual calculation and excel PV function are off by about $98,000. Both calculations are using the same capitalization rate and terminal life. My PV Excel formula is as follows: =PV(discount rate-growth rate,remaining term (years),-terminal cash flow,,0)*present value factor in last year of cash flow) What is causing the difference in values? Is there something in the Excel formula that is causing the difference?
I am trying to calculate the response time between when a phone call comes into my workplace and when the responder calls back...I have created a formula that does this using the times and dates of when the calls were recieved and went back out. This works except when the call comes in on one day and goes back later in the day the next day, making the response time larger than 24 hours. I also have it set up to eliminate 15 and a half hours from the calculation because our place of business is not open during this time. Further details....
The formula currently being used is... =IF(G50=E50, H50-F50+(H50
I am putting together a formula that will be able to choose the calculation. There is a couple of choices with the spreadsheet registry, non registry, and interfile. They have different standards per hour 56, 40 and so on. What I have so far is not working. It is =volume/(time*standard),Volume/(time*standard) with each standard being different to bring the correct percentage. How can I put the two to three formulas in one cell
I am getting a multiplication error in excel when I multiply 1796 X 156 the answer should be 280,176. However, I am getting an answer of 280,187 any suggestions? I am working with mutiple cells ect.
I have a simple calculation - Say 0-6. What i need to do is, if the value is <7 place a 10 in the cell, or if the the value is <12 place a 5 in the cell, or, lastly if the value is <21.5 place a 0 in the cell. Is this at all possible - as i can only do it with conditional formatting using colours at present
if i could get a hand creating a commission calculation.. here is what i'm looking for and my brain hurts trying to make it... I put in excel an employees gross fees for a month,, their commission calculation is based on the following scheudule, for which i'd love an easy calculation, function, code etc. for..
i'm sure this seems simple, but i just can't get it because if for instance their first gross fee is $12,000, i don't know how to have it calculate the first $10,000 at 60% and the last $2,000 at 65%.
ps.. my excel sheet is set up as follows: Rows a-g (stuff that is irrelivant) row h, gross fees row i, commission (in dollars)
There has to be a way to make this more simple. I want to add upp a simple calculation more or less in infinity =SUM(($D$1*D6)+($D$1*E6)+($D$1*F6)+($D$1*G6)+($D$1*H6)+($D$1*I6)+($D$1*J6)+($D$1*K6) .. etc etc..
1. In neighborhoods that have zero units in a given price range I have it to display "-" , because this unit is not actually zero, the data is not available. Therefore a #VALUE! is displayed for the percent because it cannot calculate the "-". How do I get excel to glance over "-" and flag it for no calculation?
2. For the percentages I am having to manually do them row by row. I would like to set it up in a manner that allows me to copy the formula down by column and across by row correctly.
For instance in the percent for Mira Lagos I have =B4/N3 where b4 is the units for mira lagos and n3 is the total. I can drag that formula across by rowto get all the correct percentages for mira lagos price ranges only, but I cannot copy this formula down by column to any of the other neighborhoods. In otherwords I have to do a new formula for each subdivision. e.g.
Grand Peninsula=B5/N3 Meadow Glen(Mansfield)=B6/N3 ...etc
Again I would like to make it so I can copy the formula across by row and down by column so excel will automatically compute it.
I came across the solution to this post - [URL] ..... - and was just wondering how to adjust the formula so that it calculates the correct tax starting from the net amount.
Say for example, an employee is paid a fixed, after-tax salary amount, and the employer is responsible for covering the tax - the salary payment needs to be "grossed-up" to calculate the correct amount of tax.
With 'tax brackets' as follows:
Taxable incomeTax on income (2011 – 2012)Tax rate $0 – $6,000Nil0% $6,001 – $37,00015c for each $1 over $6,00015% $37,001 – $80,000$4,650 plus 30c for each $1 over $37,00030% $80,001 – $180,000$17,550 plus 37c for each $1 over $80,00037% Over $180,000$54,550 plus 45c for each $1 over $180,00045%
The formula to calculate tax, starting from the gross amount, is:
Column A, B C A has lets say 100 elements with certain ratings. B has has a,b or c for each rating from column A. C returns a for each rating from column A.
I search for a rating with this formula: = INDEX(range,MATCH(rating;range,1,1,1))
Now I have the relative position of the rating in that range. Now I want to search for "b" in column B that reflects that rating. For instance:
Columns: 10 a 1 20 c 1 30 b 1 40 c 2 ... Search rating = 40 so C would be the answer.
But in that range A1:B4 I want to search for the position of the last b from column B
"One" represents the total that needs to be paid and "Two" represents the payments.
What I want to do is recognise when "One" is present and deduct "two" from that amount, but the whole spreadsheet is never the same (the data is being pasted from somewhere else) so it's really, really difficult to do that.
So I want to do =1000-500 (for that period, so in D2 it should say 500) and then =1500-400-300 (for the other period so in D5 it should say 800).
NB: Any payment ("two") that comes in after the 17th of the month will be carried forward to the next months "one".
I have a very basic formula, and I'd like it to ignore a blank cell. The sheet has cells A1, B1, and C1. I want the formula to subtract A1 from B1, and display the difference in C1. B1-A1=C1
Currently, if A1 has a value (it always has a value in that column) and B1 does not, C1 shows the negative value of A1. Ex: A1= 100, B1= blank. [blank cell] - 100 = -100
I want C1 to show nothing unless there's a value in B1.
How do I construct the formula so that it doesn't do the calculation for blanks?
Attempting to calculate assignment hours based on three fields -
A - Date B - Txt c- Txt D - Time [Start] E - Time [END] F - Number [Off] G - Number [Travel] H- Number (Calculated Total Project Hours)
I HAVE THE CALCULATION WORKING WITH THIS FORMULA =(E5-D5)*1440/60-F5+G5
My goal [If Activity is NOT NULL and Start Time is NULL] Time would Default to 8.0 - ELSE use the formula to calculate [ Some projects I don't have a set start/end - and default to 8.0 hrs.
I get a "#value" error message when I utilize the formula noted below. I seperated it into distinct sections so that it is easier to view. Basically, what the formula is doing is determining whether if two values are the same, then take the absolute difference of the average of other values ,excluding one of the previously noted values, and compare that difference to a different parameter. If the difference does not exceed the parameter, then calculate the difference; otherwise the ending result is zero. Pls. note that the error seems to occur when I input the fifth section into the formula.
