Thanks Fred. However, how does it calculate the number of days between one
date and another. Simply putting in two dates does not calculate it. For
example: a1 would be October 12, 2007 and a2 would be December 22, 2007. I
need for Excel to calculate the number of days between those two dates before
I can calculate any interest. Right? How would one go about that. Isn't
there a built in function of some type?

Thanks for you help!
--
CLG


"Fred Smith" wrote:

The best way is to describe your problem in non-Excel terms. Then we can
translate it into Excel. Without a decent description, we can only guess at
what you need.

In non-Excel terms, my guess is you want to:

1. Calculate the number of days in the period.
2. Divide by 365 to get what portion of a year you have.
3. Multiply by the interest rate.

In Excel terms, if you have A1 as the starting date, A2 as the ending date,
and A3 as the interest rate, your formula is:

=a3*(a2-a1)/365

Regards,
Fred.

"Legal Learning" wrote in message
...
Can someone tell this NON-Excel folk how to create a formula to do this?

Much appreciated!
--
CLG