Pippo,

Use some of the financial functions, which do those sorts of things in one go?

But, we'd be better able to help if you posted an example of the type of data that you have, and
what result you want.

HTH,
Bernie
MS Excel MVP


"PiPPo" wrote in message
oups.com...
Hello,

One of the typical problems of modeling in finance is that when
interest is calculated on average outstandings a circular reference is
created. A possible solution is to have Excel calculating the interest
expense/income through iterations. Does anyone know, if other solutions
exist?

Thank you very much,

Pippo