I have a capital lease amortization schedule with annual increases to monthly rent that I am trying to solve for an interest rate such that the balance nets to zero at the end of the term. I am calculating on a monthly basis; in other words, principal minus monthly payment plus monthly interest expense equals ending monthly balance is calculated in each row each month. The present value is known, payment term is known, future value is zero, and the payment amounts increase annually. These assumptions may change for new leases so ideally the solution would be dynamic, adjusting for shorter/longer terms, etc. Here is an example of my assumptions:
Payment start date: 8/1/13
Term end date: 10/31/2025
Rent length in months: 144
1st months rent: $500,000 - payments are due at the beginning of the month and are paid monthly
Annual rent escalation: 3% - i.e. 1st 12 months is $500k/month, 2nd 12 months at $515K, etc.
Beginning NPV: $75M
Ending value: $0
Imputed annual interest rate: UNKNOWN
I'm not sure if this is relevant, but the monthly payment is allocated between principal and interest. Monthly interest expense is calculated as the current balance * (imputed interest rate / 12).
Currently, I've plugged the interest rate such that my ending balance is 0, however I was hoping to calculate it on the fly as opposed to manually plugging it.
how to calculate annual interest rate with these inputs? Is there a way to make the rate function work with payment increases?
I have a calculation I do that calculates a clients "effective interest rate" if they make extra payments towards principal.. Calculation works fine.. However, I am now trying to figure out how to amend that code if it's an interest only loan, anyone have any ideas?
Here is the effective rate calcs on a random normal amortization loan:
this is in B2, and answer is 7% =RATE(B4*B5,-((B3+B7)/B6),B7)*12
B3 = Total*Interest 279017.8 B4 = #*Years*in*Loan 30 B5 = #*Payments*/*Year 12 B6 = Total*Payments 360 B7 = Beginning*Principal 200000 B8 - Ending*Balance 0 problem is when someone is on an interest only loan they pay more interest than a normal amortization because they are not reducing the principal in the first x number of years. So I need to compare the interest only effective rate to an interest only loan.
Here is the example I'm working on... A client's loan is the following: Loan amount - 131,538 interest rate - 6.15 30 year amortization 10 years interest only
normal client would pay an interest only payment of 674.13, then after i/o period would go to 953.80 for last 20 years of the loan, and they'd pay about $178k in interest.. Now if that client pays an extra 1,000 per year, I can calculate the amount of interest they'd accrue, but have no clue how to back into the "effective interest rate", basically that says you are paying the same amount of interest as someone with a x.xx% interest only loan.
I have a created a Data Chart Below. A - C are the columns and 1-7 are the rows. I have hard-coded the equation in cell B5 that I am using.
What I want to do is input an number into B3 that automatically makes Cell B5 equal to Cell C1. Is there a process in excel you can use to do this. Or do you just have to use trial and error?
A B C 1Loan Amount$10,500,000 0.0730041581143804 2Term 10 years 3Rate 4Amortization30 years 5Constant (K) =PMT(B3/12,(B4*12),-1000)*0.012 6Annual Payment$766,544 7Monthly Payment$63,879
Some years ago I came across a formulae to calculate Daily Interest on a Building Society Savings account in the UK. I have used this since but find my calculations never work out the same as my BS, although to my advantage! It is =B3*B4/360*DAYS360(B5,B6,TRUE) Where:
B3=Capital B4=Interest Rate B5=Starting Date B6=Finishing Date
For some reason the formulae uses 360/year and not 365/year. Using both still gives wrong answer.
If I invested $350 per hectare into a project and at the end of 12 years that investment yielded me $150,000, what would my rate of return be over the life of the project?
I am trying to calculate the effective annual interest rate earned on an investment and find the results are close but not really accurate. I suspect because I have not included the frequency of interest in my existing formula
r = n * nt root (A/P-1)
where; r = the effective interest rate n = the number of times interest is added per year t = the total number of years A = the current value P = the original value
The 2 problems I face are; 1. Confirming this formula would provide the correct answer (need maths expert here) & 2. How would "nt root" (as in sqr root, but using the product of the years and frequency) be used in Excel
I currently use goal seek to calculate an interest rate for a loan product. My problem is i would like to have the same function but not through a goal seek. In goal seek i have to set the value i want to achieve but ideally i want it to calculate automatically
I have attached a workbook with details. I use a loan amortization schedule to calculate the interest from parameters set on sheet 1
I keep coming across bonds having different annual interest rates and different compounding frequencies (quarterly, half yearly and yearly).
I know there is a YIELD function, but it requires so many inputs. I was wondering whether we can calculate cumulative yields just from annual interest rates, compounding frequency and investment duration?
The way I have this sheet setup is to calculate a 20% fee off the interest earned column "D". Say you earned 6.5% on a beginning balance so the interest earned is in col "D". This works fine for a 20% fee but I need the fee to calculate a 10% fee if the interest in column "C" hit 4% or below and it also needs to be able to calculate a 20% fee if the interested earned is above 4%.
I have a macro that formats a spreadsheet to show outstanding invoices, grouped and subtotalled by month. To add to this I need VBA code that will use the subtotals to calculate interest on overdue accounts.
Interest becomes due a calender month after the month in which the invoice is dated. So for example a January invoice would start to accrue interest on 1st March.
Below is the subtotals code (sadly the totals don't adjust if data is added or removed but perhaps that is another question for another day.)
Dim LastRow As Long Dim NextMonth As String Dim R As Long Dim Rng As Range Dim SubAmount As Currency Dim ThisMonth As String Dim TotalAmount As Currency Dim Wks As Worksheet
Set Wks = Worksheets("Reconciliation") LastRow = Wks.Cells(Rows.Count, "A").End(xlUp).Row Set Rng = Wks.Range(Cells(2, "A"), Cells(LastRow, "D"))
I have created a excel sheet here i want the total interest charged for three months in 3rd mnth interest charged column, if i select 7 mnths term total interest charged for 7 months should come in 7th month interest charged colum, if it is 13 months total interest for 12 months in 12th month interest column and remaining 1 month interest in 13th month interest charged column
The formula I am looking for would tell me what annual growth rate % I would need to achieve to make any investment reach a set target, for instance, what % of fixed annual growth would I need to make 200K grow to 750k in say 10 yrs or any time scale. I was given the formula below but Excel tells me it's wrong, I have tried putting 10 before ^ and the 10 after but to no avail, could some kind soul please put me straight.
From a chart in Excel I need to automatically calculate what the annual percentage growth rate is of a trend line. How to automate this in Excel? I've attached a sample so you can see what I'm trying to accomplish.
I'm trying to come up with an array formula to count the consecutive declines or increases from the last value in a column, going from bottom to top. The real world application is a list of daily stock prices down a column, and counting from the most recent day, how many consecutive days the price declined or increased.
I got some hints in the following post but can't get it evaluate the resulting logical array in reverse order (which is needed since column addresses are evaluated top to bottom, not bottom to top).
Count consecutive increase in values
Example for consecutive increases leading to last value 49 50 51 52 53 49 55 56
I need a formula to return 2, the number of increases from 49 to 56.
I have a cell (c9) that increases on an integer basis using a rounddown function that in turn is looking at a calculation in a different cell. Is it possible to create a pop as the integer value in c9 increases by 1?
In sheet 1 of my workbook I have a spreadsheet with lots of different data, most of this data is pulled from our own internal process books. The problem I need help with is, Cell "A5" contains a storage tank level. Cell "A6" contains the date the storage tank was last filled, (this info is required for auditing purposes). If possible I would like to automate the date entry. So when the level increases by say 2.0 I would like the new date in cell "A6". I don't want that date to change if the level stops the same or decreases. So the date will not change again until the storage tank has been emptied and refilled.
The following is the macro I have created, but I can't get it to loop. I need to insert a row below Labour-Overtime about 100 times in the document, not just once. Until the bottom. Also, active cell 1013 needs to be the same as what is above it. The series repeats and goes up by 1 every time. Not sure how to get that to work.
I am using Excel 2003 on Windows XP, and I have created a form using several TextBox controls on Worksheets (not userforms). When I click on a textbox that has some text in it, the size of the text grows. Clicking away from it, and then clicking on it again causes the text to grow further. Repeating these actions ultimately causes the text to be so large that the contents are illegible. There is no VBA code manipulating the font in the controls, they are only set initially through the settings in their properties (all textboxes use the same font). The problem occurs on multi-line as well as single-line textboxes. In debug mode, I can see that the font.size has not changed from the initial setting of 9, so there is no manipulation of the settings. It looks like the control is being zoomed, as the size of the vertical scrollbar grows along with the text. Closing the file and reopening it doesn't resolve the problem. The textbox retains the size that it has grown to. This problem seems to happen on some environments and not others, and I have not been able to determine the cause or factors that contribute to this phenomenon.
I am experiencing exactly the same problem as described in Textbox Text Increases In Size With Click here, so browse to the following location to view the sample file:
I have a single figure and as the figure increases and moves through thresholds the pay changes. e.g.
Number of sales payable = 15.66 Level 1: 1-10 pays 100 for each that falls in this threshold Level 2:11-15 pays 150 for each that falls in this threshold Level 3: 16-20 pays 200 for each that falls in this threshold Level 4: 21+ pays 250 for all above this
I want to work the amount payable with a formula.
It should be $1849
Is there a formula that can calcualte this without me manually figuring out how many in each threshold.
I was just wondering if it possible to create a macro that permanently increases the height of a workbook by a set increment
I have several workbooks that i have the code below assigned to
[Code] ......
So when they open they resize to that set size and position. and what ive been doing if i need to resize (which is often) is just adjust the values in the above code.
Not that the way ive been doing it is difficult but i was thinking how great it would be if i could have a macro i could run that permanently adds 9 to the .Height and subtracts 9 from the .Top
This is a new payment status sheet that my company has put together to use with future clients. There are a few things that we would like fixed but can not figure out ourselves. I have attatched the document along with some notes as to what we can not get to work.
I would like to be able to choose a month (from a drop down menu), then choose who the payment will go to ie. creditor (from a drop down menu) ie. car, truck, cc payment, as a result of those selections, then enter the amount of the payment, and finally the ending balance will appear. I have the drop down menus in place and I have all the balance calculations in place. I could use the spreadsheet that I have but I only want to see the below info. Plus I don't know how to link or lookup this data to the stuff I've already created.
Select Month: Select Creditor: Enter Payment: New Balance:
I have already set the sheet up calculating the balances after a payment has been made. I know how to hide all the formulas, but I don't know how to get it to so that you choose a month, then creditor type (from drop down menus), and payment so that you see a new balance. I only want to be able to link or lookup the month, creditor together so that a payment can be made to that cell that I've already established. As a result, then that cell can be shown in the new balance.
Not sure if this is the correct section for this kind of query but I'd like some assistance with a calculation that I can't seem to figure out.
Essentially it's for calculating night payments for our employee time-sheets. Our staff have very sporadic shifts and are paid extra for working between the hours of 00:00 and 06:00, basically when employee's enter their start and end times I'd like the spreadsheet to automatically calculate how many hours they have worked between those hours, I imagine it's very simple but I cannot figure out which function to use.
To complicate matters, because staff can work shifts which start on one day and finish the next we work on a 48:00 clock basis so its' not only between the hours of 00:00 - 06:00 where they qualify for night payments but also from 24:00 - 30:00 if that makes sense?
