Calculating Interest Rate For Total Interest Paid, Loan Amount And No. Of Monthly Payments |
Calculating Interest Rate For Total Interest Paid, Loan Amount And No. Of Monthly Payments - Excel |
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Hello Friends:
Please help me with a formula that can tell me how much interest rate (in percentage) I paid on this loan where I have the total interest paid over all monthly payments, original loan amount, and number of monthly payments made. At the end of the term of 360, all interest and principal was paid off.
Please see attached.
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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.
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.
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..
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..
Dear Sir,
If any one could give me a solution for this its will be a great help for me.
I am working in a bank and on every day we receive Month to date data of Loans and advances made by every branch with Region wise total and manager wise total. With Sum of loan and count of loan. In our MIS format the in A coulum branches are sorted and listed in a sequence with sub total Region. I have data where if if do the pivot and change the data the out put should be displayed accordingly in the MIS format. Can any one help me how can we do this or is there any other office addins/softwares are available if so the data is changed on a daily basis and if we do the pivot it will automatically copy the data to the MIS format.
Thanks.
If any one could give me a solution for this its will be a great help for me.
I am working in a bank and on every day we receive Month to date data of Loans and advances made by every branch with Region wise total and manager wise total. With Sum of loan and count of loan. In our MIS format the in A coulum branches are sorted and listed in a sequence with sub total Region. I have data where if if do the pivot and change the data the out put should be displayed accordingly in the MIS format. Can any one help me how can we do this or is there any other office addins/softwares are available if so the data is changed on a daily basis and if we do the pivot it will automatically copy the data to the MIS format.
Thanks.
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
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
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).
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'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
=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,
I have the following code to put data from a VBA userform into Excel
Dim Sh As Worksheet
Dim Rng As Range
Set Sh = ActiveSheet
Set Rng = Sh.Range("A65536").End(xlUp).Offset(1, 0)
With Rng
.Cells(1, 1) = Surname.Text
.Cells(1, 2) = forename.Text
.Cells(1, 3) = datein.Text
.Cells(1, 4) = origin.Text
.Cells(1, 5) = Addressee.Value
.Cells(1, 6) = usual.Value
.Cells(1, 7) = dateto.Text
.Cells(1, 8) = permission.Value
.Cells(1, 9) = dateseen.Text
.Cells(1, 10) = requestview.Value
.Cells(1, 11) = Invoice.Value
.Cells(1, 12) = notes.Text
.Cells(1, 13) = datecompleted.Text
.Cells(1, 14) = holdsend.Value
.Cells(1, 15) = fee.Text
.Cells(1, 16) = notes2.Text
.Cells(1, 17) = dateseen.Text
.Cells(1, 18) = invoicesent.Text
.Cells(1, 19) = Paid.Text
.Cells(1, 20) = Complete.Value
End With
What I want to do next is click on the surname on the speadsheet and call up the userform with the fields complete for that person. I would also like to be able to edit/update the form and update the information on the speadsheet accordingly.
Any help would be greatly appreciated!
Many thanks!
I have the following code to put data from a VBA userform into Excel
Dim Sh As Worksheet
Dim Rng As Range
Set Sh = ActiveSheet
Set Rng = Sh.Range("A65536").End(xlUp).Offset(1, 0)
With Rng
.Cells(1, 1) = Surname.Text
.Cells(1, 2) = forename.Text
.Cells(1, 3) = datein.Text
.Cells(1, 4) = origin.Text
.Cells(1, 5) = Addressee.Value
.Cells(1, 6) = usual.Value
.Cells(1, 7) = dateto.Text
.Cells(1, 8) = permission.Value
.Cells(1, 9) = dateseen.Text
.Cells(1, 10) = requestview.Value
.Cells(1, 11) = Invoice.Value
.Cells(1, 12) = notes.Text
.Cells(1, 13) = datecompleted.Text
.Cells(1, 14) = holdsend.Value
.Cells(1, 15) = fee.Text
.Cells(1, 16) = notes2.Text
.Cells(1, 17) = dateseen.Text
.Cells(1, 18) = invoicesent.Text
.Cells(1, 19) = Paid.Text
.Cells(1, 20) = Complete.Value
End With
What I want to do next is click on the surname on the speadsheet and call up the userform with the fields complete for that person. I would also like to be able to edit/update the form and update the information on the speadsheet accordingly.
Any help would be greatly appreciated!
Many thanks!
I am trying to calculate the average Talk Time into Minutes and Seconds. Every time I have tried, I get the wrong average.
For example, if I have a total of 53 calls and the total talk time is 4:19:05, what would the average talk per call be? I tried doing everything in seconds (this would give me a total of 15545 seconds) but the total I was getting is 4:89.
What would the formula be to get the correct average time?
For example, if I have a total of 53 calls and the total talk time is 4:19:05, what would the average talk per call be? I tried doing everything in seconds (this would give me a total of 15545 seconds) but the total I was getting is 4:89.
What would the formula be to get the correct average time?
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
How do i do this??
Thanks
How do I calculate the number of batches per hour? Here's what I have so far:
Cell B5: start time: 4:15 formatted as 4:15:00 am
Cell B6: finish time: 6:15 formatted as 6:15:00 am
Cell B7: total time: 2:00 formula in cell: =TEXT(B6-B5,"h:mm")
Cell B8: total batches processed: 22 (this is entered manually)
Cell B9: batches per hour: formula in cell: =B8/TEXT(B7,"h")
as long as I have this formula in cell B9 the answer comes out correct which should be 11 per hour.
If the formula in B9 is B8/B7, the answer is 264.0, Is this because of the way excel is reading the total time or the total time is formatted as a time, not an actual number? Is this the correct way to solve the problem?
answer should be 11 per hour.
Cell B5: start time: 4:15 formatted as 4:15:00 am
Cell B6: finish time: 6:15 formatted as 6:15:00 am
Cell B7: total time: 2:00 formula in cell: =TEXT(B6-B5,"h:mm")
Cell B8: total batches processed: 22 (this is entered manually)
Cell B9: batches per hour: formula in cell: =B8/TEXT(B7,"h")
as long as I have this formula in cell B9 the answer comes out correct which should be 11 per hour.
If the formula in B9 is B8/B7, the answer is 264.0, Is this because of the way excel is reading the total time or the total time is formatted as a time, not an actual number? Is this the correct way to solve the problem?
answer should be 11 per hour.
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!!
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!!
I'm trying to come up with a solution to calculate the man hours and days worked over multiple sheets.
I have a file that has 8 sheets. the first seven sheets are the days of the week and the 8th sheet is where I want to calculate the hours.
The days of the week consists of "Name" "Date" Hours"
The 8th sheet consists of "Name", "Days of the week in their own column (7 columns in total)", "Total Hours" and "Total Days Worked"
Now... each day is always a different group and what I'm hoping for is to create a formula that can grab each name with their hours and throw them into the 8th sheet. So when the end of the week is done I have all the Employees weekly hours and days worked all finished.
I hope this makes sense. This file is to track about 100 employees that are on a rotational work schedule.
I have attached a sample file.
Thanks in advance for your help.
I have a file that has 8 sheets. the first seven sheets are the days of the week and the 8th sheet is where I want to calculate the hours.
The days of the week consists of "Name" "Date" Hours"
The 8th sheet consists of "Name", "Days of the week in their own column (7 columns in total)", "Total Hours" and "Total Days Worked"
Now... each day is always a different group and what I'm hoping for is to create a formula that can grab each name with their hours and throw them into the 8th sheet. So when the end of the week is done I have all the Employees weekly hours and days worked all finished.
I hope this makes sense. This file is to track about 100 employees that are on a rotational work schedule.
I have attached a sample file.
Thanks in advance for your help.
Good afternoon!
I'm working with Excel 2003 sp 3 on Windows xp.
I have been banging my head trying to jar loose the formula to calculate man days where 1 equals 8 hours. I have one that was given to me by a coworker:
=INT(Q3/8)+(((Q3/8)-(INT(Q3/8)))*0.8)
That calculates man days from total hours. I need a formula that will total man days and return the man day answer. Example:
weekending 12/25 = 16.2 which is 16 man days and 2 hours
weekending 1/1 = 24.7 which is 24 man days and 7 hours
Total = 41 man days and 1 hour
I have also been asked if there was a way for a number to be entered into a spreadsheet and automatically put in order without a macro or "pushing a button".
Any advice is greatly appreciated!
Happy New Year!
~ Brenda ~
I'm working with Excel 2003 sp 3 on Windows xp.
I have been banging my head trying to jar loose the formula to calculate man days where 1 equals 8 hours. I have one that was given to me by a coworker:
=INT(Q3/8)+(((Q3/8)-(INT(Q3/8)))*0.8)
That calculates man days from total hours. I need a formula that will total man days and return the man day answer. Example:
weekending 12/25 = 16.2 which is 16 man days and 2 hours
weekending 1/1 = 24.7 which is 24 man days and 7 hours
Total = 41 man days and 1 hour
I have also been asked if there was a way for a number to be entered into a spreadsheet and automatically put in order without a macro or "pushing a button".
Any advice is greatly appreciated!
Happy New Year!
~ Brenda ~
Is it possible to have numbers added to the same cell and have excel continue
to calculate the addition for me in that same cell......ex: I have the number
8 in cell d2 and I want to add the number 8 to that cell and have excel add
the 8 to the previous 8 for a total of 16 in the same cell.....the next time
I would add 5, and the total would be 21? Can this be done in a single cell?
to calculate the addition for me in that same cell......ex: I have the number
8 in cell d2 and I want to add the number 8 to that cell and have excel add
the 8 to the previous 8 for a total of 16 in the same cell.....the next time
I would add 5, and the total would be 21? Can this be done in a single cell?
Hi,
I made a simple worksheet that we have been manually entering the time for employees, but there are too many errors (even with simple math). Can someone help me convert the time of ex: written 8-4:30 or 10-3 (meaning 8:00am to 4:30pm) where you have the total weekly hours? Right now I have a column for overtime. Is there a way to automatically calculate the over time also? The work day is 8-4:30 with a half hour lunch (lunch is not calculated into the hours, so you minus a half hour). 8-4:30 equals 8 hours. So, if a person works 8am to 6:30pm, how can I set it up where in the first row of time, I will type in 8-6:30pm. In the totals column to the far right, it will display 8 hours. In the (O.T.) column, it will display 2 hours.
This way, when I call in my payroll, I will have the total "regular" hours in one row and underneath, I will have the total overtime hours.
Or... does anyone have a better solution to keeping track of their hours?
Thanks!
Marty
I made a simple worksheet that we have been manually entering the time for employees, but there are too many errors (even with simple math). Can someone help me convert the time of ex: written 8-4:30 or 10-3 (meaning 8:00am to 4:30pm) where you have the total weekly hours? Right now I have a column for overtime. Is there a way to automatically calculate the over time also? The work day is 8-4:30 with a half hour lunch (lunch is not calculated into the hours, so you minus a half hour). 8-4:30 equals 8 hours. So, if a person works 8am to 6:30pm, how can I set it up where in the first row of time, I will type in 8-6:30pm. In the totals column to the far right, it will display 8 hours. In the (O.T.) column, it will display 2 hours.
This way, when I call in my payroll, I will have the total "regular" hours in one row and underneath, I will have the total overtime hours.
Or... does anyone have a better solution to keeping track of their hours?
Thanks!
Marty
Hello everyone, I am new to this forum and have been using excel for about 3 years. I have learned alot but still can not figure out how to make numbers add up in one box like a running total. Meaning, If I have a list and in the list is one cell for each item say like cell a1 is for a can of coke and cell a2 is for a car tire and so on,and i want to keep a running total by adding a number to cell a1 or a2 like say "3 i.e. 3 tires or cans of coke" and later that day i come back and need to add 2 more ......so i want to be able to just click on the cell a1 or a2 and enter the number 2 and the cell would add the number in it to the number im adding to it to show a result of 5 tires or whatever. I am sorry If i am not asking the question in an understandable manor but its the best way I can think to ask it.lol anyways, any help would be appreciated, Thanks in advance.
James
James
Ok, I'm going to try and explain this. I am going to have 5 data points in cells such as A2:A6
All I need is to know if there is an upward trend or downward trend of the numbers.... I can't have something that simply takes the first and last number and checks if it's higher or lower. I need to actually see if they are trending upwards. Also how would i go about making it so that if they are trending upwards it shows an up arrow, and down arrow for downwards...
And finally, if the trend continues at the same rate, how long it will take the number to reach a goal. Each data point will be 1 week apart, with an ultimate goal needed to be achieved at the end.
This will be a completely separate formula on the sheet....
Any help?
All I need is to know if there is an upward trend or downward trend of the numbers.... I can't have something that simply takes the first and last number and checks if it's higher or lower. I need to actually see if they are trending upwards. Also how would i go about making it so that if they are trending upwards it shows an up arrow, and down arrow for downwards...
And finally, if the trend continues at the same rate, how long it will take the number to reach a goal. Each data point will be 1 week apart, with an ultimate goal needed to be achieved at the end.
This will be a completely separate formula on the sheet....
Any help?
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.
Hello all,
New to the forums.
I'm in the process of creating a new report and I'm stuck.
My report consists of a set target in a field, a score and percentage of target.
e.g Target is 400
score is 450.
Percentage is 1.125 of target. (=score/target)
Now what I would like to do is create a formula that does not go above 100% , but instead work in reverse if you go over the target.
E.g. Target 400 .. Score was 450 ... percentage of target is 87.5%
Thanks in advanced.
New to the forums.
I'm in the process of creating a new report and I'm stuck.
My report consists of a set target in a field, a score and percentage of target.
e.g Target is 400
score is 450.
Percentage is 1.125 of target. (=score/target)
Now what I would like to do is create a formula that does not go above 100% , but instead work in reverse if you go over the target.
E.g. Target 400 .. Score was 450 ... percentage of target is 87.5%
Thanks in advanced.
I see a formula that our Human Resources Department is using to annualize voluntary turnover.
It looks like this:
=(E3/((A3+D3)/2))*12/months
So if I substitute with some actual data:
=(6/((22+33)/2))*12/months the answer becomes 21.8% (as the annualized voluntary turnover rate).
What does the *12/months actually do mathematically? I cannot find it in the excel help files and have not been able to figure this out using math (on the calculator).
It looks like this:
=(E3/((A3+D3)/2))*12/months
So if I substitute with some actual data:
=(6/((22+33)/2))*12/months the answer becomes 21.8% (as the annualized voluntary turnover rate).
What does the *12/months actually do mathematically? I cannot find it in the excel help files and have not been able to figure this out using math (on the calculator).