Help needed with writing a formula
Hi
I hope this is not homework :-)
1. P1 = A * [1+(R*(D1+D2))] - P2
2. P2 = A * [ 1+ (R1*D1)]
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Regards
Frank Kabel
Frankfurt, Germany
Karl wrote:
I'm trying to complete an Excel 2000 model and I need some help with
the basic algebra.
Can someone please rewrite this for me to solve for P1?
A = ( P1+ P2 ) / ( 1+ ( R1 * ( D1 + D2 ) )
I know:
A = 99,200.881785616 (approx.)
P2 = 100,000.00
R1= 0.10 / 360 = 0.000277777778 (approx.)
D1= 31
D2= 29
and we know P1 will equal: 854.229815376 (approx.)
Additionally, can this be rewritten to solve for P2?
A = P2 / ( 1 + ( R1 * D2 ) )
Which, given the above value, P2 will again equal 100,000.00
Thanks a lot in advance. This would be a big help. I hate the idea of
cracking some text books that I've not looked at in 30 years!
Karl
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