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#1
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"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 |
#2
Posted to microsoft.public.excel.worksheet.functions
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"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 |
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