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Sum of constant decrement
w/o using SUMPRODUCT and using formula for sum of arithmetic
progression you might use the following: A1=100000 A2=1500 A3=15 A4=12 (or number of months generally) =A4*(2*(A1-A2)-(A4-1)*A3)/2 HIH On 7 Maj, 07:56, JV wrote: Hello, Is there a formula which could answer the following? Monthly deduction is $1,500 in January of 2009 and drops by $15 per month.. * What are the totals for 2009, 2010 and 2011? Thanks in advance for the help. |
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