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Thread: Need formula to reduce calculation by specific number

  1. #1
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    01-26-2012
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    Excel 2007
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    Need formula to reduce calculation by specific number

    Hi -
    I am trying to figure out a final budget amount for HOA fees but need it to reduce by a specific amount...i.e. We owe HOA dues of $120 per lot per quarter for 85 lots but budget to sell 3 lots per quarter so each quarter's calculation will need to reduce by 3 from the previous quarter. I need to figure what my total spend is until we get to zero lots. I can't figure out any way to calculate it other than manually - I thought I could do an amortization schedule or even a present value formula with 0% interest but I can't figure out how to get it to work. I am completely stuck!

  2. #2
    Valued Forum Contributor bentleybob's Avatar
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    02-27-2009
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    Seattle, WA
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    Excel 2007
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    Re: Need formula to reduce calculation by specific number

    Have you tried using GoalSeek?

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