Increase numbers to hit target

daftwood

Board Regular
Joined
Feb 4, 2004
Messages
67
Hi, not sure how to word this properly so here's my problem:

Next year I want our activity to be 5000
This year we do 10 a day therefore we do 3650 in a year
So I want to increase our activity next year by (5000-3650)=1350
But I want on day 1 next year to start with 10 like this year and increase smoothly the numbers done each day so that the sum total of all 365 days will be 5000.

I'm really strugggling... have tried compound interest, angles, sqrts.. etc but have completely forgotten how to do this.

Any help would be much appreciated!

Martyn
 

Excel Facts

How to calculate loan payments in Excel?
Use the PMT function: =PMT(5%/12,60,-25000) is for a $25,000 loan, 5% annual interest, 60 month loan.
Ok, finally worked it out, fairly simple in the end.
If you're interested:

Divide next year's target by 365.
Get the difference between that daily rate and this daily rate and multiply by 2
Divide that number by 364 (assuming starting at 10 for last year)
Add that number onto the previous day's total.

Voila

Thanks for looking

Martyn
 
Upvote 0

Forum statistics

Threads
1,214,649
Messages
6,120,730
Members
448,987
Latest member
marion_davis

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top