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Posted to microsoft.public.excel.worksheet.functions
Bob Phillips
 
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Default Need help with a simple formula

Glad to see a like mind on the (1-percentage) approach <bg

Bob

"Niek Otten" wrote in message
...
In B8:

=A8*(1-15%)*(1-2.9%)-0.3

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Kind regards,

Niek Otten

wrote in message
ups.com...
I need to write a simple formula but I cannot quite understand how to
do it in Excel.

I need to take the value of a cell (lets call it A8). I need to
subtract 15% from the value of A8. Then I need to take the resulting
value of that and subtract 2.9% from it. finally I need to subtract .3
from the final value. I need to to be displayed in cell B8. I know how
to enter formulas in Excel, but I can't get this one to run right (I
don't know how to reference the result of a earlier calculation in a
later calculation in the formula bar).

Thank you very much!