Help needed with writing a formula
Hi Tom
I think the OP wanted the second formula to be solved for P2 (though I
wasn't sure either about this)
--
Regards
Frank Kabel
Frankfurt, Germany
Tom Ogilvy wrote:
P1 = A * (1 + (R1 * (D1 + D2) ) ) - P2
P2 = A * (1 + (R1 * (D1 + D2) ) ) - P1
"Karl" wrote in message
...
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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