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Investment Fund Formula (need to make)

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    Investment Fund Formula (need to make)

    Good Morning,

    I need a formula that calculates a few things. Its kind of hard to explain but i will try... Money can be withdrawed from an investment fund. But, for this specific fund, the person needs to request this withdrawal before the 10th day of the month (this applies to every month), so if he requests on the 9th, then he will receive the money on the last day of the month requested. However, If the person requests on the 11th of the same month, then he will only receieve the money at the end of the next month. Is there a way to put this in a formula?..

    Thanks in advance.
    Last edited by joao1232; 02-11-2016 at 09:53 AM.

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    Re: Need a formula for a specific problem

    Your post does not comply with Rule 1 of our Forum RULES. Your post title should accurately and concisely describe your problem, not your anticipated solution.

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    Re: Investment Fund Formula (need to make)

    Someone?..

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    Re: Investment Fund Formula (need to make)

    Row\Col
    A
    B
    C
    1
    Request
    Pay
    2
    8 Jan 2016
    31 Jan 2016
    B2: =EOMONTH(A2, --(DAY(A2)>10))
    3
    9 Jan 2016
    31 Jan 2016
    4
    10 Jan 2016
    31 Jan 2016
    5
    11 Jan 2016
    29 Feb 2016
    6
    12 Jan 2016
    29 Feb 2016
    Entia non sunt multiplicanda sine necessitate

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