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Can't create formula for interest with intermittent growing capital

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    Can't create formula for interest with intermittent growing capital

    As shown on attached, Day1 starts with £100 investment earning 1% interest per day.

    Every time interest exceeds £10, that £10 (or multiples of it) is added to capital, which therefore increases the daily interest. Anything less than £10 is added to wallet but does not attract investment, being used solely to build next £10 stake.

    Can't see formula that will allow me to enter an opening value (e.g. £100), interest rate (e.g.1%) and number of days (e.g. 164), that will then calculate each "interim" increase to reach the final value of £620 invested and £6.80 in the trading wallet

    As ever, any suggestions, pointers or solutions accepted gratefully

    Ochimus
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    Forum Expert tim201110's Avatar
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    Re: Can't create formula for interest with intermittent growing capital

    What about Surplus?

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    Forum Expert tim201110's Avatar
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    Re: Can't create formula for interest with intermittent growing capital

    I can't see a solution with worksheetfunctions
    just UDF
    Please Login or Register  to view this content.
    in E5 should be =E4*(F4=0)+G4+D5 and pull down
    Last edited by tim201110; 09-28-2017 at 10:01 AM.

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