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[80% Discount] Excel VBA Course - From Beginner to Expert

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How Do I Change The Irr Formula For Monthly Periodic Payments?

The IRR formula is set up for annual payments. How can it be changed to
account for monthly payments? I know the NPV formula will work if you divide
the discount rate bay 12 for monthly payments. Do I multiply the solution by
12? I tried this and the result did not look correct. I do not want to use
the XIRR formula for this because it will be a template.

Thank you



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Excel VBA Course - From Beginner to Expert

200+ Video Lessons 50+ Hours of Instruction 200+ Excel Guides

Become a master of VBA and Macros in Excel and learn how to automate all of your tasks in Excel with this online course. (No VBA experience required.)

(80% Discount Ends Soon!)

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Similar Topics







A previous poster explained what I also need; there were no responses,
so I thought I would try again.

Does anyone know of an Excel template--or a small stand-alone
program--that will calculate the interest/principal breakdown when
payments are varied in amount and frequency? Free or low-cost, please.
I need one that will work on my Mac/Office 2004. I will need to print
out periodic reports.

Here is the way the previous poster described it:
"Excel template: Loan Amortization for random/irregular payments,
figures days
between payment dates.
I have a loan with a variable beginning balance and irregular payments
with
annual large payment. (based on collections)
Would like to enter payment and date.
then Excel would figure days since last payment, interest amount,
principal
amount, Ending Principal balance.
And total interest paid, total pricipal paid
If I change the starting principal, excel would recalculate all
entries."

Thanks very much.




I'm trying to figure out what the formula is to multiply the total hours worked per week by their hourly pay for each individual. kind of like the
=Sum(I25:I32) Formula but I want to multiply the outcome of that formula by the hourly rate of 11.00, 15.00 and 16.00. Does anybody know how this can be done? If so I would greatly appreciate it.
Thanks!
charitydc


Hi Guys

I have the following in G2:

=VLOOKUP(A2,Sheet1!A:D,4,FALSE)

The formula returns the correct result, which in this case is a number - 2

When I fill down my range, the formula copies correctly, but every result is the same. 2.

However, if I go to the next cell down (G3) and activate it by pressing F2, and then hit Enter, the result changes and is now correct.

Any ideas whats going wrong?


Entering time values in custom format [h]:mm:ss
Cells accept hours over 23,
Adding cells in column returns correct total time.
Have not found a way to multiply these cells by a $ hourly rate.
So use HOUR(cell ref) and MINUTE(cell ref) to capture values in referenced
cell - then use these values to calculate total payment for $rate per hour.
However, the HOUR(cell ref) formula returns the hours in excess of 24 when
the cell contains an hour value in excess of 23 (ie 27 hours returns 3).




Today I ran into an odd problem. I typed in values for column A rows 1 through 10 then values for column B rows 1 through 10. then in column C, I made the formula C1=A1/B1. The math was correct it showed 542 in the C1 cell. So I dragged that formula down and it showed 542 in all column C cells which is not correct. And when I went to check to see if the formula was correctly dragged it was. For instance, the formula in C2 is =A2/B2 however the value of that cell showed 542 which was not the correct math/value.

But it gets even more weird. When I click on the Column C cells and then it shows the formula up top in the formula bar and if I put my cursor anywhere in the formula bar and hit Return the formula does not change however the correct value then appears in the Column C cell. It is like the act of putting the cursor in the formula activates it to work properly but until it is activated that C cell shows the value of the cell which it was dragged down from.

This is quite bizarre. Has anyone ever seen this before? I have no idea what is going on. I ran a scan for viruses and none were found. I tried it on several new/different spreadsheets but it keeps happening.

Thanks for any tips on this.


I have a spreadsheet that when I copy the formula, it copies correctly
(changes the cells it should subtract), however, the result stays the same.
It matches the formula I copied it from, even though the cells to calculate
are now different. I even did a paste special and said only formula, but
still, same result. If I actually type in the formula, it works fine, but I
have a lot I need to copy and paste. Is there a way I can fix this?

Thanks,



I'm trying to write a formula that will automatically take a group of football (soccer) scores, compare them with a set of predictions, and then allocate points according to how close the predictions are to the actual scores.

E.g.
Manchester United 3 - 0 Arsenal
Prediction: 4 - 1
Points: 1

I've found a formula online that works for most scores; the correct score (e.g. 3 - 0), a correct win (e.g. 4 - 1), and in the case of a draw (e.g Man Utd 1 - 1 Arsenal, and the prediction 2 -2), correct draw (but not the correct score). The points are as follows: Correct draw (Prediction = result): 4 Correct win (Prediction = result): 3 Correct win, incorrect score (Winner correct, score not): 1 Correct draw, incorrect sco 1

The formula I found online for all but the correct draw is: =IF(A3&B3=C3&D3),3,IF(AND(A3=B3,C3=D3),1,IF(AND(A3>B3,C3>D3),1,IF(AND(A3<B3,C3<D3),1,0)))))

Could someone help me work out how I can write a formula to add before the above that will check the contents of four cells (the home score, away score, home prediction, away prediction), and if the number in all 4 cells are the same, allocate 4 points? I've tried using averages, but some combinations would void this. I've also used the SUM function, but the same happens, as with MULTIPLYING.

Something like =IF(A3:D3) are equal, 4,0

Below are a few examples of what I mean:
(Result) (Prediction) (Points)
A B C D E
3 - 3 3 - 3 4
2 - 1 3 - 1 1
1 - 0 1 - 0 3
3 - 3 2 - 2 1

Apologies in advance if I haven't explained this clearly enough.

Thanks

Will


Hi,

How do I enter the value in a cell (say B4) into a formula as a constant so it doesn't change when I copy it down the column?

For example,

B4 = 2.4 (a constant)

This is the result I want:

F6 =C8 + B4*4.243

F7 =C9 + B4*4.243

F8 =C10 + B4*4.243

B4 remains constant as I copy F6 down.

What's the correct formula for F6 so I can copy it down and keep B4 fixed?

Thanks.


I have an excel worksheet that adds two other worksheets in a data
triangle. I copied it to create a new data set and used find &
replace to change the worksheet references to the new ones.

The cells still contain the result of the old formula referring to the
previous worksheets. The only way I can get the formula to return the
correct result is to edit (F2) each cell and press enter. Calc now
(F9) does nothing.

I've seen this before, but this time, I need to calculate many
thousands of cells and don't have time for this workaround.

Any ideas?

Thanks.

Don S



Hello from sunny Madrid

I have created a complex formula to help me calculating Golf handicaps for players.


The formula is in the first cell and I want to drag the formula across to the right to cover the 18 holes.

But ALL the values change and I want some to change and some to stay constant.



How do I tell excel to drag the formula across but keep certain parts of the formula the same..ie ....=D11.... in the formula when dragged across doesn't go D12,D13;D14 in each cells formula and should stay as D11 for all.

Many thanks for your help

Ole


Hello

I'm quite experienced Excel user. I've never come across this problem but tinkering in every conceivable way within Excel settings and the solution has eluded me.

I have added a worksheet created elsewhere (it is a form I need printing, with the data coming from 2 sheets I have created from scratch) which has pre formatted cells for Date and Client Name etc.

When I try to reference the cell in this added sheet from my 2 sheets, instead of the result, it always displays the formula, not the result.

I have tried doing it from one of my sheets to reference to this new, and that displays the result and not formula. I can't imagine why it's doing this and I've never seen it happen before.

Formatting cells, giving cells names rather than the usually adequate of reference to the Cell Number doesn't change things. I wonder if I've picked up some legacy protection from the original form but can't see anywhere in the tools etc that's obvious.

There's about 50+ cells that need referencing and I got to get this done for work.

Please help me. This is my first need to post on a Excel Forum as I've always found help or answers from other peeps or internet but this one is making me scratch my head big time.



I am trying to copy balances from one worksheet to another over a total of 12
worsheets ..... this is for petty cash monthly sheets and I need a running
total over the 12 sheets.

At present I have to do this manually .... is there a formula that I can use
that will automatically carry the balances over

Thanks for your help



I have a co-worker's file that he is having trouble with. He is using Excel 2000 SP3. When copying a cell with a formula in it of "=D6+C6" and pasting it into the next cell down, it will display the same value in the cell as the calculated value from above, but has the correct formula displayed in the formula bar of "=D7+C7".

Example:
A1: 50
A2: 10
B1: 60
B2: 20

A3: Formula: =A1+A2 Displays: 60
Right click A3, Copy, right click B3, paste
A3 displays 60

When I click save, it will change the display value to 80.

I am trying this on his workstation and mine. Mine has Office 2010, so I think there might be an issue with the file itself.

Also, not just copy and paste. I can also just click the top cell after filling in the formula and then drag the bottom right of the cell downward and it will do the same of filling in the correct formula, but have the incorrect value.

I know that I could get him to just click save each time before really looking at the results, but that is just a band aid to the problem.

Any ideas how to fix this?


I am trying to correct a formula for a productivity worksheet in excel. The idea is that we would have the ability to input the number of hours worked each day and the number of direct hours (working with clients) per day. Then take the daily percentages and add them then devide them to determine the final productivity percentage for the week. Additionally not everyone works a full week so I would need it to only divide the percentages of the days that were completed. Any suggestions? or does anybody know a formula that would accomplish this already? I am good with basic excel and was able to identify a flaw in the current productivity sheet.


Great tip! But one thing: On my machine (Excel 2008 Mac), the values in the formula cell are not correctly calculated simply by dragging. Instead, the values are equal to the cell above (the first entry formula value). To get the correct value, I need to click in the formula bar and then hit enter. (I only discovered this after an hour of tinkering, figuring I had botched the formula!)

Are there any ways around this so that it updates upon dragging the formula?


I have set a VLOOKUP formula to match account numbers. How ever I have to
click double click on the cell before the formula recognises the account
number. I have to do this for each cell. I have tried different formats. It
is not saving me that much time.



I have entered a vlookup formula in a cell and it returns the correct value from the other worksheet. However when I copy the formula down it keeps returning the exact same value as the first cell. If I enter a formula in each individual cell it returns the correct value. Its driving me crazy ! I woyld be glad of any advice

Many Thanks

Karamazov


Ran into a problem I've never seen before. When dragging a cell across that contains a sum equation the result was the following cells with the same value. Inside the cell it showed what would be the correct new equation, but the value was still from the original cell. Any ideas on what's causing this?

If I double click the cell and then hit enter it will re-total the area and then give me the correct value, but I'd obviously rather is just work right the first time.


On my calculator, if I divide 462,534.05 by 335 I get 1,380.70. Then if I times 1,380.70 by 335 I get 462,534.50. Which is what I need it to be because I need to calculate the difference of a figure not dividing equally.

On excel, if I divide 462,534.05 by 335 I get 1,380.70. Then if I times 1,380.70 by 335 I get the SAME result of 462,534.05.

I have to account for the difference of not dividing equally so there is some format or accounting function that's preset that I don't want but I have no idea how to fix it or format my excel sheet to calculate as my calculator would.

Please can someone help? Thanks!


I found this solution for "drop down list with hyperlink" but it did not work.

Perhaps a better solution is to use a workaround that relies on the HYPERLINK function to refer to whatever is selected in the drop-down list. For instance, if you have your data validation drop-down list in cell A1, then you might put the following formula in cell B1:

=HYPERLINK(A1, "Goto Link")

The solution directly above provides exactly what I am looking for
in the field where I write the formula, but it fails to hyperlink.
I have created a drop down list and linked each one of them to a
specific worksheet. When I select them individually they link to
appropriate worksheet. But when I select them in the drop down
list I receive the following error when I select the Hyperlink in
cell B1 as directed above.

"Cannot open the specified file"

Any thoughts?

Bob