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Calculate Interest Using Variable Amounts For Deposits & Withdraws

Hi All,

I would like to be able to check senarios of the problem.
There is a Capital amount invested with an interest rate of 'x' annually, with a fixed monthly withdrawal - how long would this investment last? - that's the easy part.
Now, if there are periodic amounts (not fixed in amount for frequency) paid in as well as the odd monthly fixed amount left in (not withdrawn for that month), what would the new term be?

Hopefully there are a lot more clever people out there than me.
Many thanks in advance for your assistance.

Regards,
Chubby16

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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 am using below code, but it only untill 19,999. Amount from 20,000 and above only show thousand? Please help!

For 19,999 it show
Ringgit Malaysia : Nineteen Thousand Nine Hundred NinetyNine Only

For 20,000 and above it show
Ringgit Malaysia : Thousand Only

Code as below:

Function SpellNumber(amt As Variant) As Variant
Dim FIGURE As Variant
Dim LENFIG As Integer
Dim i As Integer
Dim WORDs(19) As String
Dim tens(9) As String
WORDs(1) = "One"
WORDs(2) = "Two"
WORDs(3) = "Three"
WORDs(4) = "Four"
WORDs(5) = "Five"
WORDs(6) = "Six"
WORDs(7) = "Seven"
WORDs(8) = "Eight"
WORDs(9) = "Nine"
WORDs(10) = "Ten"
WORDs(11) = "Eleven"
WORDs(12) = "Twelve"
WORDs(13) = "Thirteen"
WORDs(14) = "Fourteen"
WORDs(15) = "Fifteen"
WORDs(16) = "Sixteen"
WORDs(17) = "Seventeen"
WORDs(18) = "Eighteen"
WORDs(19) = "Nineteen"

tens(2) = "Twenty"
tens(3) = "Thirty"
tens(4) = "Fourty"
tens(5) = "Fifty"
tens(6) = "Sixty"
tens(7) = "Seventy"
tens(8) = "Eighty"
tens(9) = "Ninety"

FIGURE = amt
FIGURE = Format(FIGURE, "FIXED")
FIGLEN = Len(FIGURE)

If FIGLEN < 12 Then
FIGURE = Space(12 - FIGLEN) & FIGURE
End If

If Val(Left(FIGURE, 9)) > 1 Then
SpellNumber = "Ringgit Malaysia : "
ElseIf Val(Left(FIGURE, 9)) = 1 Then
SpellNumber = "Ringgit Malaysia "
End If

For i = 1 To 3
If Val(Left(FIGURE, 2)) < 20 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & WORDs(Val(Left(FIGURE, 2)))
ElseIf Val(Left(FIGURE, 2)) > 19 Then
Ntow = Ntow & tens(Val(Left(FIGURE, 1)))
SpellNumber = SpellNumber & WORDs(Val(Right(Left(FIGURE, 2), 1)))
End If

If i = 1 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & " Crore "
ElseIf i = 2 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & " Hundred "
ElseIf i = 3 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & " Thousand "
End If
FIGURE = Mid(FIGURE, 3)
Next i

If Val(Left(FIGURE, 1)) > 0 Then
SpellNumber = SpellNumber & WORDs(Val(Left(FIGURE, 1))) + " Hundred "
End If

FIGURE = Mid(FIGURE, 2)

If Val(Left(FIGURE, 2)) < 20 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & WORDs(Val(Left(FIGURE, 2)))
ElseIf Val(Left(FIGURE, 2)) > 19 Then
SpellNumber = SpellNumber & tens(Val(Left(FIGURE, 1)))
SpellNumber = SpellNumber & WORDs(Val(Right(Left(FIGURE, 2), 1)))
End If


FIGURE = Mid(FIGURE, 4)


If Val(FIGURE) > 0 Then
SpellNumber = SpellNumber & " And Cents "
If Val(Left(FIGURE, 2)) < 20 And Val(Left(FIGURE, 2)) > 0 Then
SpellNumber = SpellNumber & WORDs(Val(Left(FIGURE, 2)))
ElseIf Val(Left(FIGURE, 2)) > 19 Then
SpellNumber = SpellNumber & tens(Val(Left(FIGURE, 1)))
SpellNumber = SpellNumber & WORDs(Val(Right(Left(FIGURE, 2), 1)))
End If
End If
FIGURE = amt
FIGURE = Format(FIGURE, "FIXED")
If Val(FIGURE) > 0 Then
SpellNumber = SpellNumber & " Only "
End If
End Function


I need to create a IF statement where it will count the character length and if not 6 then add leading zeros to field to make a fixed 6 character length .. so if field is 489 then the if statment would make it 000489


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.


Hello Everybody,

I am hoping for some assistance. Here is what I have....

I am trying to get counts of certain values.

This is in the same workbook but different sheets.
On sheet 1 is where my formula lies. In a cell, I want it to look at sheet 2 column B and look for instances of "A", then I want it to look in the same row it found "A" and look at the value in column "N" and evaluate if there is an amount. If there isn't skip it and don't count it, if there is a value count it if it falls within a given range.

An example of the formula is below...what am I missing?

=COUNTIF(Sheet2!B:B,(VLOOKUP(A,Sheet2!B:N,13,FALSE)=0:500))
=COUNTIF(Sheet2!B:B,(VLOOKUP(A,Sheet2!B:N,13,FALSE)=501:1000))

Thank you in advance for your assistance.


Hello All, I have a column where cells need to be 50 characters long, it contains addresses, however, since all the addresses do not meat the criteria, I need to add (blank spaces) to reach the 50 characters, any idea on how to approach this?

Example

Fire Street #50 this cell contains 17 characters therefore I need to add the rest by adding blank spaces to reach 50 characters, otherwise the system I am exporting the data will not understand this cell


I am needing a formula that would cause a currency amount from a calculation to round up or down to the nearest 100.00 mark. The current formula is ie: =E10*F10 (e10 being an amount of money and f10 being a percentage fo it.) I am needing the resulting answer to round up or down to the nearest 100. So if the answer is below the 50 mark it would round down and above it would round up. If that is not possible then just rounding down would be acceptable.

How do i do this??

Thanks


Hi there,

I'm very new to Excel, and I'm having trouble figuring a few things out. Hopefully this will be very easy for you guys!

In Sheet 1, I have a column of cells that I would like to also appear in Sheet 2. If I add a new row to the column in Sheet 1, I would also like it to be updated automatically in Sheet 2. Currently, I can get it to show the contents of individual cells from Sheet 1 in Sheet 2 by using this formula in the formula bar for each cell in Sheet 2:

=Sheet1!A3 (or whichever cell it is)

That's fine, but I'd like to just have a formula that will reproduce the entire column (ie. without a fixed range, as new rows are going to be added to the column).

If anyone could point me in the right direction, I'd be very very grateful. Thanks.


Hello gurus!

Here's my question...I have a list of numbers and I want to know how many combinations (and what they are) of adding the numbers will equal an amount.
e.g.
List of Numbers
1
2
3
4
5
6
7
8
9
10

Amount to be reached = 12

These are some of the possible combinations to reach 12 :
2+10
3+9
4+8
5+7
3+4+5
6+3+2+1

Is there a function in Excel that will do this for me? I want to know which numbers (i.e. cells) can be added to reach 12. AND, if possible, colorcode the cells added for each combination.

Good luck and thanks!!


Hi,

Can someone please help? I've got quite a lot of data that I want to sort
by the persons date of birth, but because I have cells with formula in it
(this works out the persons age) the sort function is changing the formulas
so the formulas no longer work becuase it changes the cell where it is
getting the data from. Does anyone have any ideas how this could be fixed??

Thanks!



Hello,

Please help!!!
We have a client who will pay using the 1/4, 1/2/ and 3/4 of an hour increments as follows:

From the hour mark to 6 minutes = 0 time paid
Over 7 minutes to 15 minutes = 1/4 hour 15
16 minutes to 30 minutes = 1/2 hour 30
30 minutes to 45 minutes = 3/4 hour 45
46 minutes to 60 minutes = one hour.

They work on shifts and the operation is 24 hours. Each gets 30 minutes for breaks which is not paid. Pay is biweekly and overtime is anything over 40 hours. Currently, the template we are using looks like this (sorry, I could not figure out how to paste it so you can see it in Excel layout):
WEEK 1 Sunday Monday Tuesday Wednesday Thursday Friday Saturday
5/16 5/17 5/18 5/19 5/20 5/21 5/22
TIME IN ENTER TIME, INCLUDE AM OR PM
TIME OUT
TIME IN
TIME OUT
TIME IN
TIME OUT
TIME IN Total Hours First Week
TIME OUT
HOURS WORKED-OR- choose one
*HOLIDAY WORKED
PAID HOLIDAY (not worked)
*OTHER PAID HOURS
EXPLANATION OF *HOLIDAY WORKED HRS OR *OTHER

I am very new to Excel and need help creating a formula that will allow us to calculate this timesheet? I am in desperate need for help.

Thanks..


Very new in this board. If I post this question in the wrong forum please bear with me.
There is about 20 staffs in our department and I have made a spreadsheet with 12 tabs for each month of the year Jan-Dec. If each staff have 15 days annual leave each year and how can I make a formular that can automatically calculate the balance of annual leave and entered in the tabs of the following months. For example if staff A used 5 days in Jan how can the balance of 10days be entered in the tabs from Feb-Dec. If he use another 5 days in July the remain balance of 5 days be automatically entered in the tab from Aug to Dec. Likewise if staff A took 2 days sick leave in Jan, and 2 days in Mar how can this sick days be automatically sum up in the months after. I am doing this manually at the moment and it is very time consuming and also very easy to make mistake.
Thanks and sorry for this long questions


First time in this forum. Hi all. I have a challenging question, is there a way either by VBA or manually (preferably both, if possible) to actually unite the X amount of numbers that are in a cell given the contents is alphanumeric? I'll give you the following examples to see if you can understand what I' referring to?

DATA output should be
asd67,h876 --------> 67876
2,3,ujdj5&34 -------> 23534
909k86m34 --------> 9098634

Hope this makes sense?


Hello,

I have two columns of data: column A contains the date and time in the form dd/mm/yyyy. Column B contains a number value. All the times are in order, so column A looks like:

01/01/2007
02/01/2007
03/01/2007

I have data from 2007 to 2010. I need to calculate an average daily value (in column B) for each month, and display it in column C. So, for January, I need to calculate the average of 31 days, February, 28 days, etc.

Is there a function I can use to do this? I've been trying the AVERAGEIF formula but can't get it to work. Any ideas would be much appreciated!

Many thanks,
Caitlin


I have a spreadsheet where I need to calculate the increase in % one year over the other in column D for Eg if Profits are 95415 in Jan 2008 (Column B) and 80215 in Jan 2008 (Column C), then the % Increase will be (95415-80215)/80215 *100

I can calculate the formula for this , but the problem comes where for eg there is a loss in Jan 2008 for -95415 and there was a profit in Jan 2007 for 80215. How do I set up formula to take negatives & positives into account in calculating the increase or decrease/

Your assistance or anybody's on the forum will be greatly appreciated

Regards

Howard

http://www.mrexcel.com/forum/showthr...ghlight=howardneed


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).




I am having trouble with a sort. I would like a list sorted descending, so that the highest dollar amount is at the top. However, if there are blanks or zeros in the list, it is putting those first. How do I get it to ignore them or put them at the bottom?

Thank you,
Liz


I am trying to work out how to calculate the geometric mean of a series of values, some of which are negative, ie. investment returns over a series of years with some negatives.

The Geomean function doesn't work because it only uses positive numbers.

Any help would be greatly appreciated.


Hi all,

I have several accumulated values from other spreadsheets on my spreadsheet and I'm combining and organizing them on mine. However, the cell alignment isn't working properly as you can see in the picture below.



Now, I can certainly retype these values and align them and they'll align all nice and neat; however, I have a huge Column and retyping that column would take an inordinate amount of time.

I searched earlier on cell alignment and couldn't find anything. Any help is appreciated.

Sincerely,
Bill


I have a graph with various information in it. One is a line graph that tracks hours used in that department per month. The problem is that when it gets to the last month, and there is not yet data for future months, the line goes down to Zero (leavin this big diagonal line that makes the data look funny). I need this line to stop on the last month there is data for. (I do not manually enter the data, it is a formula that I do not wish to delete.) I know I can manually move the data that the line is pulling to make it stop on the last month, but I have a graph for 36 different departments and that's a pain to have to manually adjust 36 graphs each month. Is there a way to tell the line to stop if there is no data? Thanks!!