HELP ME WITH FORMULAS PLEASE?
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svdwest
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May 2, 2013 at 06:33 AM
svdwest Posts 4 Registration date Thursday May 2, 2013 Status Member Last seen May 8, 2013 - May 8, 2013 at 03:00 AM
svdwest Posts 4 Registration date Thursday May 2, 2013 Status Member Last seen May 8, 2013 - May 8, 2013 at 03:00 AM
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svdwest
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May 2, 2013 at 06:41 AM
May 2, 2013 at 06:41 AM
I meant 60 months :D
rizvisa1
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May 4, 2013 at 11:23 AM
May 4, 2013 at 11:23 AM
why cant you use compound interest formula ??
It seems to be thats what you are trying to do
https://support.microsoft.com/en-us/office/fv-function-2eef9f44-a084-4c61-bdd8-4fe4bb1b71b3?ui=en-us&rs=en-us&ad=us
It seems to be thats what you are trying to do
https://support.microsoft.com/en-us/office/fv-function-2eef9f44-a084-4c61-bdd8-4fe4bb1b71b3?ui=en-us&rs=en-us&ad=us
svdwest
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May 7, 2013 at 06:44 AM
May 7, 2013 at 06:44 AM
I have found my mistake... at first I thought that the compound interest formula did not work, but because the monthly interest was 3.4% I used 3.4% and the formula automatically divided the 3.4% by 12 and ended up not giving the results estimated... so I multiplied it by twelve and PRESTO!!! Guess we all make mistakes...:) But thank you for your input in the matter, it's most appreciated :D
rizvisa1
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May 7, 2013 at 08:48 PM
May 7, 2013 at 08:48 PM
your feedback is equally, if not more, appreciated,
svdwest
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May 8, 2013 at 03:00 AM
May 8, 2013 at 03:00 AM
;)