"variable interest rate"

[Finance Novice]

Can anyone offer guidance, preferred way to compute final outstanding balance
of a loan, with additional non-periodic (irregular) withdrawls and irregular
payments made against loan over time, and exposed to variable interest rate
over various date ranges. Time period spans several years. I'm thninking of
building a cash flow schedule but looking for suggestions on how to handle
the variable interest rate. Any specific Finanical functions to help with
this? Thanks

 

[Gary L Brown]

Just have the table contain a column for rate for each period. Instead of
having your financial functions look at one cell for a constant rate, have
them look at that row's interest rate.
HTH,