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Default Weighted Average

On the first tab of my spreadsheet, I'd like to calculate the weighted
average of data on my 2nd tab.

The 2nd tab is setup using "Row()" formulas, and has auto-populated based on
predetermined criteria.
Currently, the 2nd tab has the following info in columns A, B & C:

Bank Principal Yield
Bk A $500 1.25%
Bk B $300 1.00%
Bk A $250 1.25%

I've tried using the following formula, but keep getting a #VALUE response,
and and not sure why?

=Sumproduct(--(A2:A5="Bk A"),B2:B5*C2:C5)

If I adjust the first formula to read =Sumproduct(--(A2:A5="Bk A"),B2:B5) I
get correct sum of principal amounts, but when I try to incorporate the
yields, I get the #VALUE message

Any ideas what I'm doing wrong?

Thanks in advance


 
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