Coumpounding Value

I am not sure there is a simple formula which can be applied to take into account the deductions...

The Tax is easy enough as it just reduces the Interest rate (so 9% becomes 8.1%)
=D2*((1+((D3*(1-D7))/D4))^(D4*D5)) where D7 is the Tax.

But the Deduction as a fixed value before or after tax, you may need to go line by line to calculate the net effect.

Sir.The_Barman,

I am on way back to home.let me reach home and I will get back to you.

Thanks

Cool, I have looked at the posibility of a single formula, but I do not think it will be simple.

Attached is some workings I have done so far.
Book1.xlsx

But Sir but  your formula for converting amount in to words ( crore and all ) which is I guess still open. In that you have produced such a very big formula.it can't happen to this calculations?

Thanks

Oops posting from mobile so don't see your comment.

Thanks

I have no doubt it can be done.
It is just not simple.

i had seen your calculation, yes it is perfect.....but if it is in one formula then it will be awesome. if it is possible then i will wait take your time. my next question is relate to this only, this is strait 100000 investment & 15 year term period, just need to know if i add up every year 100000 till 15 year. what will be the total value of investment. tax rate is same & lump sum amount is same.

i will ask separate question for that criteria.

Thanaks

How bat code instead of formula. Then it is possible in one cell? I am talking about Function.
like this =PFV(Principle amount, interest rate, compounding frequency for year, Tax Rate, Lump Sum, investment Period) for Tax first then lump sum.

=PFV(Principle amount, interest rate, compounding frequency for year, Lump Sum, Tax Rate, investment Period)


Thanks

are you with me sir?

VBA would be far easier to do...

I will create two functions for you...

PFVt for tax first
PFVd for decreasing lump first.

I will try to get these done over this weekend.

ATB
Steve.

Okie. Happy to hear that.but it can't be only one function "PFV" ? and manage lump and tax in its range order as described in my previous post. Just asking do as per your convenience.


Thank you

Yes it is perfect, only one thing-  it is possible? when dealing with this two functions there possible to see function argument below same as in we see in default function of MS Excel?

i.e.

It is possible (I believe) if the UDF is registered using VBA.
You can simply press the function symbol to the left of the formula area, this will bring up a dialog box to aid in filling the function.
Is this critical for you? (to have the arguments appear like an in-built function)

It is possible (I believe) if the UDF is registered using VBA.

I dint understand

You can simply press the function symbol to the left of the formula area, this will bring up a dialog box to aid in filling the function.
Is this critical for you? (to have the arguments appear like an in-built function)

it Is ok. I thought it will appear like defaults function.

Thanks

As usual perfect. only one thing I dint get your last post. via Fx menu I can see arguments but if I type directly in cell I dint see function arguments as MS Excel defaults functions have.


Thanks

Sir Steve,

This is part 2 & last part of this question series. will pls look in to this Part 2

Thanks