Trying to SUM two amounts in a formula that are calculated in the same formula

leopardhawk

Well-known Member
Joined
May 31, 2007
Messages
587
Office Version
  1. 2016
Platform
  1. Windows
Hello forum friends, I have a complex formula that works well for what I am trying to do but I would like to be able to SUM two amounts that are calculated within the same formula. I have pulled out a small section of the formula below:

=CONCATENATE(""&IF(personal_info!F9="M","His",IF(personal_info!F9="F","Her","Their"))&" annual PRB at age 67 is "&TEXT(INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0233*(0.025*12*1.084),"$#,##0.00")&" + "&TEXT(INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*0.025*12*1.084,"$#,##0.00")&" for a total of $750.00.")

What I end up with is...

"Their annual PRB at age 67 is $391.29 + $382.38 for a total of $750.00."

What I would like to do is replace the $750.00 with the SUM of the first two dollar amounts (which is $773.67). The first two dollar amounts are also dynamic, depending on what is in the power query (CPP_OAS).

Appreciate any ideas or suggestions!
 

Candyman8019

Board Regular
Joined
Dec 2, 2020
Messages
138
Office Version
  1. 365
Platform
  1. Windows
Ah. In that case you need to add ,2 before closing your round clause brackets. Which says to round to 2 decimal places. Take a look at the original formula and you’ll see what I’m talking about.
 

Excel Facts

Square and cube roots
The =SQRT(25) is a square root. For a cube root, use =125^(1/3). For a fourth root, use =625^(1/4).

leopardhawk

Well-known Member
Joined
May 31, 2007
Messages
587
Office Version
  1. 2016
Platform
  1. Windows
@Candyman8019 I tried that before I reached out to you regarding this latest issue. The formula works with no errors (albeit with the 10 decimal places), I added the ,2 in the designated place and I immediately get an error (There's a problem with this formula). I don't understand why... Must be something that I am missing???
 

Candyman8019

Board Regular
Joined
Dec 2, 2020
Messages
138
Office Version
  1. 365
Platform
  1. Windows
I’ll take a look at it closer in the morning. I’m sure it’s a combination of needing the ,2 and bracket placement.
 

Candyman8019

Board Regular
Joined
Dec 2, 2020
Messages
138
Office Version
  1. 365
Platform
  1. Windows

ADVERTISEMENT

Give this one a try.

=CONCATENATE(""&IF(personal_info!F9="M","His",IF(personal_info!F9="F","Her","Their"))&" annual PRB at age 67 is "&TEXT(INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0233*(0.025*12*1.084),"$#,##0.00")&" + "&TEXT(INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*0.025*12*1.084,"$#,##0.00")&" for a total of $"&ROUND((INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0233*(0.025*12*1.084))+INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*0.025*12*1.084,2)&".
", ""&IF(personal_info!F9="M","His",IF(personal_info!F9="F","Her","Their"))&" annual PRB at age 68 is "&TEXT(INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0471*(0.025*12*1.084),"$#,##0.00")&" + $"&ROUND((INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0233*(0.025*12*1.084))+INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*0.025*12*1.084,2)&" for a total of $"&ROUND((INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0233*(0.025*12*1.084))+INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*0.025*12*1.084+INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0471*(0.025*12*1.084),2)&".")
 
Solution

leopardhawk

Well-known Member
Joined
May 31, 2007
Messages
587
Office Version
  1. 2016
Platform
  1. Windows
@Candyman8019 How does that saying go? 'He couldn't see the forest for the trees...'

It's amazing how a simple thing like a bracket in the wrong place can wreak so much havoc!!! I see now how simple of a fix it was and again, I appreciate you helping me out.
 

Watch MrExcel Video

Forum statistics

Threads
1,129,864
Messages
5,638,746
Members
417,049
Latest member
baka416

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
Top