hey

I get 0.99998 using =1303.54*1*2.8%/365

What are you getting and what don't you like about it?


Gord Dibben MS Excel MVP


On Sun, 24 Jun 2007 15:49:00 -0700, leslie
wrote:

hey,
one the numbers are as follows;
1303.54*1*2.8%/365
that is I9*J9*D7/365
it should turn out to be .09
leslie
"FSt1" wrote:

hi,
formating should have nothing to do with it.
since you feel the formula isn't working, what are the numbers and what do
you think the results should be?

"leslie" wrote:

Hi
I suck at this so be patient1
I'm trying to calculate interest using the formula
balance*days-since-last-translation*interest rate/36 I9*J9 *D7/365
I think its not working because d7 is formatted as a percentage (2.8%).
how do I get it to work?