Just to be different...
=NOMINAL(G2,12)/12
Are you trying to calculate effective rate by chance in G2?
HTH :)
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Dana DeLouis
Win XP & Office 2003
wrote in message
ups.com...
All,
Could someone with greater algebra skills help me with below formula?
Cell F2 contains 0.5461%
Cell G2 contains =POWER(F2+1,12)-1, which equals 6.7542%
I am trying to create a formula that reverses the above calculation. I
would receive cell G2 data from a system (6.7542%)and would need to
calculate in Excel non-annualized data in cell F2 (0.5461).
I remember tackling something like this many, many years ago but can't
quite summon the required math (perhaps a logarithm)?
Thanks in advance for any ideas.
Regards,
Joel
Using Excel 2003
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