Sheet 1 of the attached Excel file has 6 columns.
- The formula used for column E ("Interest todate") is: =(owed amount*interest rate)*(number of months)/12
Q1: How can I change it to calculate in daily basis?
- Item 3 ($500) paid on 10/1/2016 produces balance of $1,910.83
Q2: How to prepare this sheet upon future payments (say $600 on 11/1/2016, the balance amount to show up automatically.
Basically, columns E and F need to be automatically updated when a new entry in Columns C or D is made. These columns will not be updated for the same date.
”The time we save is the biggest benefit of E-E to our team. What could take multiple guys 2 hours or more each to find is accessed in around 15 minutes on Experts Exchange.
-Mike Kapnisakis, Warner Bros
With your subscription - you'll gain access to our exclusive IT community of thousands of IT pros. You'll also be able to connect with highly specified Experts to get personalized solutions to your troubleshooting & research questions. It’s like crowd-sourced consulting.
We can't always guarantee that the perfect solution to your specific problem will be waiting for you. If you ask your own question - our Certified Experts will team up with you to help you get the answers you need.
Our certified Experts are CTOs, CISOs, and Technical Architects who answer questions, write articles, and produce videos on Experts Exchange. 99% of them have full time tech jobs - they volunteer their time to help other people in the technology industry learn and succeed.
We can't guarantee quick solutions - Experts Exchange isn't a help desk. We're a community of IT professionals committed to sharing knowledge. Our experts volunteer their time to help other people in the technology industry learn and succeed.
Our community of experts have been thoroughly vetted for their expertise and industry experience.