B
brett
I a table that shows interest compounding for a savings account. A
variable amount of money will be taken out each month and that should
be taken into consideration. As well as a variable amount possibly
being deposited.
The table needs these initial values:
- Current balance (say $10,000)
- Interest rate
- Number of months to calculate
Then I need a way to enter variations in monthly withdrawals. Similar
to amortizing except I need to enter the payments manually and have the
table recalculate once I tab out of that month's payment box. Or, I
could enter the payments initially as well. Deposits should be handled
the same way. Payments or deposits could be $0.00 for any month.
Thanks,
Brett
variable amount of money will be taken out each month and that should
be taken into consideration. As well as a variable amount possibly
being deposited.
The table needs these initial values:
- Current balance (say $10,000)
- Interest rate
- Number of months to calculate
Then I need a way to enter variations in monthly withdrawals. Similar
to amortizing except I need to enter the payments manually and have the
table recalculate once I tab out of that month's payment box. Or, I
could enter the payments initially as well. Deposits should be handled
the same way. Payments or deposits could be $0.00 for any month.
Thanks,
Brett