"variable interest rate"
Can anyone offer guidance, preferred way to compute final outstanding balance
of a loan, with additional non-periodic (irregular) withdrawls and irregular payments made against loan over time, and exposed to variable interest rate over various date ranges. Time period spans several years. I'm thninking of building a cash flow schedule but looking for suggestions on how to handle the variable interest rate. Any specific Finanical functions to help with this? Thanks |
"variable interest rate"
Just have the table contain a column for rate for each period. Instead of
having your financial functions look at one cell for a constant rate, have them look at that row's interest rate. HTH, -- Gary Brown If this post was helpful, please click the ''Yes'' button next to ''Was this Post Helpfull to you?''. "Finance Novice" wrote: Can anyone offer guidance, preferred way to compute final outstanding balance of a loan, with additional non-periodic (irregular) withdrawls and irregular payments made against loan over time, and exposed to variable interest rate over various date ranges. Time period spans several years. I'm thninking of building a cash flow schedule but looking for suggestions on how to handle the variable interest rate. Any specific Finanical functions to help with this? Thanks |
All times are GMT +1. The time now is 12:50 PM. |
Powered by vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
ExcelBanter.com