calculating defered payments on a given date

clare_voiant

Board Regular
Joined
Mar 20, 2002
Messages
76
this is what i have

column1 - no of installments i.e 10
column2 - amount per installment i.e. £100
column3 - payment start date i.e. 15th march 2002
column4 - last payment date i.e. 15th Dec 2002
column5 - now()
column6 - paid to date ????????


i would like to know how to calculate how much money we have now for account reconcilliation, and (even on a future date) the paid to date column should not read more than £1000

can anyone help?
 

Excel Facts

How to create a cell-sized chart?
Tiny charts, called Sparklines, were added to Excel 2010. Look for Sparklines on the Insert tab.
assuming you are in row 1, try

=MIN(A1*B1,(DATEDIF(C1,E1,"M")+1)*B1)

you probably had a feeling I was going to say that.
good luck
This message was edited by IML on 2002-03-21 09:06
 
Upvote 0
thankyou, thankyou, thankyou.....it works.... i wish id come here earlier cos ive spent all afternoon on this and now its time to go home :)
 
Upvote 0

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