S
scott
I seem to run into this alot. I'm not really grasping the
formula concept but here goes. Rows 2-5 are entry fields
and I have entered the following values.
A B C D E
1
2Opening Value? 23000
3Annual ROR 6.15%
4Annual Debit 2300
5Annual Deposit 0
B C D E F(NA) G
6 Month Balance ROR Debit Balance
7 1 23000.00 6.15% 2300 21973.05
8 2 21973.05 6.15% 2300 20882.94
9 3 20882.94 6.15% 2300 19725.79
10 4 19725.79 6.15% 2300 18497.48
11 5 18497.48 6.15% 2300 17193.62
12 6 17193.62 6.15% 2300 15809.58
13 7 15809.58 6.15% 2300 14340.42
14 8 14340.42 6.15% 2300 12780.91
15 9 12780.91 6.15% 2300 11125.48
16 10 11125.48 6.15% 2300 9368.25
17 11 9368.25 6.15% 2300 7502.95
My formula in column E is =(C7-E7)+(C7-E7)*D70
The C column i have just as =previous year end balance
Eventually the balance becomes zero. I was wondering how
to make the calculations stop when it zeros out, instead
of having it continue into the negative balances
infinitely. Thanks for any help and patience.
formula concept but here goes. Rows 2-5 are entry fields
and I have entered the following values.
A B C D E
1
2Opening Value? 23000
3Annual ROR 6.15%
4Annual Debit 2300
5Annual Deposit 0
B C D E F(NA) G
6 Month Balance ROR Debit Balance
7 1 23000.00 6.15% 2300 21973.05
8 2 21973.05 6.15% 2300 20882.94
9 3 20882.94 6.15% 2300 19725.79
10 4 19725.79 6.15% 2300 18497.48
11 5 18497.48 6.15% 2300 17193.62
12 6 17193.62 6.15% 2300 15809.58
13 7 15809.58 6.15% 2300 14340.42
14 8 14340.42 6.15% 2300 12780.91
15 9 12780.91 6.15% 2300 11125.48
16 10 11125.48 6.15% 2300 9368.25
17 11 9368.25 6.15% 2300 7502.95
My formula in column E is =(C7-E7)+(C7-E7)*D70
The C column i have just as =previous year end balance
Eventually the balance becomes zero. I was wondering how
to make the calculations stop when it zeros out, instead
of having it continue into the negative balances
infinitely. Thanks for any help and patience.