Formula to add 3 years to a date but act differently on Feb 29th.

MetzTeco

New Member
Joined
Sep 24, 2020
Messages
2
Office Version
  1. 365
Platform
  1. Windows
I'm looking to create a formula that will add 3 years to any date entered but will act differently if the date entered is 29th February on a leap year.

At the moment =DATE(YEAR(A1)+3,MONTH(A1),DAY(A1)) works fine for all dates apart from 29th February. If used this formula on 29/02/2020 it will return 29/02/2023 which wont exist. Instead whenever a date that entered that starts with 29/02/XXXX, i want it to instead display 28/02/XXXXX. So for 29/02/2020 it will return 28/02/2020.

Anyone know if this can be done with a formula without having to use vba code?

Any help would be appreciated.
 

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Use the PMT function: =PMT(5%/12,60,-25000) is for a $25,000 loan, 5% annual interest, 60 month loan.

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