Home |
Search |
Today's Posts |
#1
|
|||
|
|||
need help with determining a formula
open a spreadsheet and place the following value(s)...
(cell A1) $50000 ..., this entry represents a fixed dollar amount (cell B1) 0.025 ..., this entry represents a "rate" (cell C1) 25 ..., this entry represents a fixed amount of years (cell D1) 0.020 ..., this entry represents a seperate "rate" (cell E1) 5 ..., this entry represents additional amount of years (cell F1's formula) =(A1*B1*C1)+(A1*D1*E1) ..., this produces $36250 (cell G1's formula) =F1/A1 ..., this produces 72.5%, (or .0725) (cell H1's formula) is where I need help? I cannot deterime the formula that will report, "What amount of total years will produce a result of 78% (.078) in G1's cell? 25 plus "whatever" additional years? P.S. (C1+E1)/G1*.78 does not produce the correct formula/answer. I know that the correct answer is, 32.75 (years) or otherwords 7.75 in E1's cell, but I cannot figure out the formula that will provide that answer! Thanks for your help... - rudy |
Thread Tools | Search this Thread |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Forum | |||
writing a formula for a colored value | New Users to Excel | |||
referencing named formula using INDIRECT function | Excel Worksheet Functions | |||
Simplify formula | Excel Worksheet Functions | |||
Match / Vlookup within an Array formula | Excel Discussion (Misc queries) | |||
Cell doesn't show formula result - it shows formula (CTRL + ' doe. | Excel Worksheet Functions |