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How do I create a formula that has circular conditions?
I need to calculate the amount of a loan that rolls up interest and fees.
The fees are a percentage of the total loan. As the loan size changes the fees change this keeps going round and round. |
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#2
Posted to microsoft.public.excel.misc
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How do I create a formula that has circular conditions?
All you gotta do is select the "iteration" option on Tools Options
Calculation tab. "R Levin" wrote I need to calculate the amount of a loan that rolls up interest and fees. The fees are a percentage of the total loan. As the loan size changes the fees change this keeps going round and round. |
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