Update Specific Cells Within A Column Used For Compound Interest
May 19, 2006
I have a column of 30 cells, each showing retirement dollars earned based on years of service (cell 1 = year 1, etc) and salary. Here is the predicament: A new hire is brought in with 10 years service, stays 5 and then quits. How do I change only cells 10-14 reflecting his/her salary and retirement dollars? Remember, cell 10 is the first year for the compound interest, cell 11 the second year, etc. I currently use the following formula for cell 10 (compounded salary from cell 9 * (1+.05)^1). Cell 11 is (compounded salary from cell 10 * (1.05)^1.
View 5 Replies
ADVERTISEMENT
Aug 6, 2006
I have a column of years and a column of numbers representing annual
amounts placed in a savings account for the year. I would like to calculate
the balance of interest earned added to the balance of the account and then
calculate the interest earned on the accumulating amounts each year. The
results would be the account balance displayed in an adjoining column. So
far, I have not found a worksheet function for that. Could someone point me
in the right direction? Perhaps there should be several columns of data?
View 10 Replies
View Related
Jun 30, 2007
I am trying to create a calculator based on a worksheet I have. I do not know how to write a formula for simple interest calculations and for compound interest calculations.
View 4 Replies
View Related
May 16, 2014
Formula to calculate a daily compound interest based on the higher rate of the two rates for the first 5 years, then after 5 years the calculation would only be based solely on the blocked rate.
View 4 Replies
View Related
Sep 22, 2011
I am trying to work out a formula to calculate compounded interest rates.
I have a table that is 24 columns wide (months).
1 row that will have amounts input in to the columns (these will be different amounts)
I want to have a row along the bottom that calulates the compounded interest at a fixed interest rate on the total amount that is in the first row.
I have managed to do this using a table but surely there is a formula for this as the table can become very troublesome if the input amounts change.
Ive added an image (attached) : excel.jpg‎
View 6 Replies
View Related
Apr 10, 2008
I am trying to set up my excel to calculate daily compound interest.
The amount is 10,000 at 0.75% per day for 6 months.
I have tried several different things with no success -
View 9 Replies
View Related
Jan 27, 2007
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
View 9 Replies
View Related
Aug 3, 2014
I am looking for a formula which will compute interest earned (not ending account balance) for the following scenario:
1) Set $ amount (say 19250) is deposited on January 1.
2) Annual interest rate is .95%
3) Interest is compounded daily
4) Fixed withdrawals of $1750 are taken each and every month on the first day of each month
What is the total interest earned on the account? Basically, it is a issue where each month diminishes the "pool" of money earning interest. I get what's going on conceptually, but can't figure out which Excel function to use.
View 4 Replies
View Related
Dec 20, 2011
I would like to have an excel table that has 240 usable lines going horizontal (to the right) and vertical (down) from the starting number.
I need it to compound interest in both directions
240 is the total number of days per year I am trying to track
There should be adjustable starting amounts and compound interest
Be able to adjust the entered amount anywhere along the time line and it recalculate the amount from there on...
View 2 Replies
View Related
Mar 5, 2013
I am looking to calculate compound interest over a period of 10 years.
I am looking at putting a lump sum in at the beginning and contribute in monthly installments for the entire 10 years. How would I go about this.. I know there are formulas there, however I'm not a financial person at all..
View 9 Replies
View Related
Dec 6, 2008
I'm trying to come up with a way of calculating Money earned over time by compounding interest, but with a twist. After reaching a set amount of money, all money above and beyond does not gain interest. example:
Principal: $120 (user input value)
Duration: 9 (user input value in days, compounding daily)
%Intertest: 4% (user selected value, either 2% or 4%)
Max interest you can earn: $6 (fixed)
Max interest generating money: $150 (variable dependant on %interest, = $150 or $300)
Response/Answer is final value. I don't need the daily results like the example.
Result would be: $170.84
$124.80 (4.80 interest)
$129.79 (4.99)
$134.98 (5.19)
$140.38 (5.40)
$146.00 (5.62)
$151.84 (5.84)
$157.84 (6.00 reached the max interest level)
$163.84 (6.00)
$170.84 (6.00)
my equations I have so far only do one (below 150 total) or the other (above) but not both. and its just a regular formula: =IF(P<M,IF(P*I^D<M+1,P*I^D,"over limit"),P+6*D)........................
View 2 Replies
View Related
May 10, 2008
I've found this calc but it doesn't compare to my particular scenario/goals: http://dinkytown.net/java/InvestmentDebt.html. The major difference is that this dinkytown calc requires a new loan to be put in place and I am not in a position to refinance my current mortgage. My plan is to pay an extra $267 (b3) to the mtg (b4). It will take 128 months (b6) to pay off the mortgage. After that point, I need to calculate what the newly freed capital (b5) would do if I put in an account (i.e. a CD or a simple US savings account) that had an Annual Percentage Yield (APY) of 1, 2, and 3% for 20, 15, 10 and 5 years. I thought that I had the right formula in place for cells b7:b8 should the account earn a 0% rate of return, but I think it's faulty since it gives me a negative number for 10 and 5 year accumulation periods.
View 2 Replies
View Related
Apr 14, 2014
I am trying to find a solution for highlighting cells in a column that are repeats, ie. >3. I also need these cells to only be highlighted if the adjacent cell in the next column contains specific text. I have tried using conditional formatting with a countifs formula to no avail.
View 2 Replies
View Related
Dec 29, 2013
I have a problem calculating a total interest for an input period that has different interest rates. You can see the attached file: INTEREST.xls
I have used a function but the result comes out wrong. Can I fine tune it or do I have to change my method of calculating.
View 10 Replies
View Related
Feb 12, 2013
I have previously been using the equations such as :
[Code] .........
Where AWH is the column of interest and $B$12 returns the last row of my workbook.
I want to be able to use an indirect in this in order to specify which column to count by inputting a column reference in a cell.
I attempted the equation to use indirect but it returns #REF.
View 2 Replies
View Related
May 25, 2009
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%.
View 5 Replies
View Related
Jun 10, 2008
I would like to write a macro to add cells in columns C,D,E,F,G & H based on the text (employee) entered in column B. For example I need it to add all the cells for "John S" found within column "C" and then total it at the bottom with a code JSSS (John S straight shop time) or JSOS (John S overtime shop) as per my example. The attatchment is a spreadsheet I use to total billable hours for our employees.
View 3 Replies
View Related
Oct 10, 2009
I am trying to sum specific cells withing 1 column based on a character within another column. For instance:
A1 = X and H1=1000
A3 = null and H3 = 50
A5 = x and H5 = 100
I want to sum everything in Column H where column A only contains an "x". In this scenario the sum would be 1100.
View 11 Replies
View Related
Apr 9, 2009
How would you be able to count all the used cells in a specific column?
I know the following would count all used cells in a worksheet but what about a specific column?
View 7 Replies
View Related
Dec 30, 2013
I would like to find the weighted average of the values in the "score" column. Additionally, I would like to only find the weighted average if the student is jack and jane. I have attached my workbook for review.
View 6 Replies
View Related
Dec 27, 2013
I have dates in Column I (for the whole year) and i would like to paste them into specific cells in three different Columns A,B,C (ie A2, A5, A8, A11 etc) Same Numbers different letter for each respective column. I can get it to go from one cell to another but when i try to specify specific cells
This is what i have so far:
Sub Test()
Range("I1").Select
Selection.Copy
Range("A2").Select
ActiveSheet.Paste
End Sub
View 4 Replies
View Related
Jun 10, 2009
I want it to count and fill in a range in column A until it sees a blank or notices the change in value in column B. In the example below i hope it shows what i need to do. i left the last group without numbers to show that is where it needs to start counting over again. i am basically wanting to count down 1st place 2nd place etc.
View 8 Replies
View Related
May 26, 2008
I have a spreadsheet with 12 coloums. In the last coloum are the ords "yes", "no", or is empty (null?). I need to find a way to have each row that contains the word "no" or is empty to be highlighted in red font and bold type. When the word "yes" is typed then the font is black and the type in normal. This allows me to see at a glance what orders have not been picked up or have problems.
View 2 Replies
View Related
Dec 11, 2008
I have a basic formula =C17+'Asset Depreciation 2008 Onwards'!C24, and I want to copy it down just using the drag function. Problem is that the second reference range of cells are in rows and hence when I copy it down it doesn’t automatically update the cell references because it want to update them by column number instead of row number. IE I want it to display =C17+'Asset Depreciation 2008 Onwards'!
D24, instead of C25. Do you know if there is any way of telling Excel that I want it to increase the column number by 1 every time, instead of the row number for this part of the formula?
View 5 Replies
View Related
Apr 28, 2014
Is it possible to have a column count up if two other cells meet criteria?
What I would like to happen (if it is even possible) is, if cell B1 equals CO and C1 is a duplicate, then G1 enters #1 for the first time it is duplicated, #2 for the 2nd time it is duplicated, etc.
Is this even capable of happening.
I am attaching my spreadsheet (TAB "AG Orders"). I filtered the spreadsheet so you can see an example of what I am looking for. I manually typed in column G but I was hoping these numbers could automatically populate.13-14 budget-AG test.xlsm
View 9 Replies
View Related
May 9, 2014
I'm trying to build a function, but I haven't been able to successfully navigate some of the eccentricities of Excel formula-building.
Right now I am working on counting all of the cells that contain numbers (so likely just a =COUNT function), but will be eventually getting other descriptive stats as well. My problem is that I would like to create a formula that will perform the counting/mean calculation, etc., but only on a specific column that has the header cell that contains several specific words. Rather than having to type in the target words for each column, I would like to have the target words in the function be imported from multiple designated cells.
For example,
I want to find how many numbered cells are found in column E headed as "dog brown," but I also have columns headed as "cat brown" "dog black" etc. (which I will be using the formula on later) to paint a small picture, in my descriptive table, "dog" is in B31 and "brown" is in C30, then "cat" in B32 and "black" in D30.
View 11 Replies
View Related
Aug 7, 2009
I am sure this should be REALLY simple, but i just can't find the answer i'm looking for. I have a sheet which changes daily in quantity of information. I want some simple code which counts up the number of populated cells in column A and returns the answer to a cell in another worksheet - or just automatically use it to print that number of pages.
I think i should be able to do the printing side, but, currently have no idea how to count up the number of populated cells in the row. If someones feeling very generous though, giving me the code for printing that number of pages too would save me some work (the worksheet which needs printing is different to the worksheet which needs the number of cells adding up.)
View 2 Replies
View Related
Feb 14, 2010
In the attached sheet I need to check on the Destination in column B, and if it matches set criteria, divide the figure in Column E by 2. eg If LAX is the destination, then for any rows directly under LAX until the next destination appears, column E needs to equal column D divided by 2. If the Destination is not LAX, then Column E equals Column D.
the difficulty I am having is that there can be a variety of row numbers for each destination. I am having trouble creating a formula that can basically work backwards from Row-1 in column B until it gets to a text string, and check that text string against the criteria. so it may be row -1 up to about row -9 dependant on the number of flight times available to each destination throughout the week.
View 5 Replies
View Related
Jun 14, 2013
I'm trying to find a way to use a macro to extract data from a specific column from Sheet1 based on the columns header/title and copied into Sheet2 into the respective column with matching header/title.
For instance, in Sheet1:
Chicken
Cow
Donkey
Pig
[Code]....
So the above table would be the result i'm aiming for.
NOTE, its not different workbooks. I'm looking for sheet to sheet macro.
I've attached a file as well if someone wants to have a go at it. There are no codes in it.
View 3 Replies
View Related
Mar 6, 2014
I have a spreadsheet that contains given answers to a multiple choice test. I want to count the number of times each possible answer has been chosen at the bottom of the column. I have tried to use COUNTIF and that works fine to give me the number times each answer has been chosen but there is just one annoying thing. If the given answer hasn't been chosed by anyone, a "0" is automatically entered into the cell. This tends to really clutter up the spreadsheet and I would prefer for the cell to be left blank if the answer hasn't been chosen by anyone.
The closest I can come up with is: {=IF(D1:D10="","",COUNTIF(D1:D10,"A"))} but unless the answer "A" is chosed in D1, the cell remains blank.
If "A" is chosed in D1, then the formula works and counts all the rest of the cells that have "A" as an answer.
View 2 Replies
View Related
