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Default Here's a good one!

Chris,

Then, instead, for the cell with the 24.08, use the formula
=96.33-72.25
(but with cell references not values), like
=A2-C2

OR

=ROUND(A2,2)-ROUND(C2,2)

and the same for the interest...
=3.67-2.75

That will correct both calcs...

HTH,
Bernie
MS Excel MVP


"Chris Berry" wrote in message
...

Thanks for your reply. The principal and interest are known, the
problem I am having is someone will have a $100 dollar payment split so
that 25% or 33% or any other percentage goes into different accounts.
For instance:

Principal Int #1 Prin #1 Int #2 Prin #2 Int Total
96.33 3.67 72.25 2.75 24.08 0.92 100
96.34 3.66 72.26 2.75 24.09 0.92 100.02

As you can see, both of the above examples made the same total payment,
but because of the way excel calculates, I'm getting pennies rounding
errors.

I can't believe that I'm the only one who has ever had this problem,
but darned if I can find a solution. If there were only two accounts
or if everyone had at least one common account I could do it with
arithmetic, but they have to make life hard for me.


--
Chris Berry
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