+ Reply to Thread
Results 1 to 4 of 4

Match formula to look up discount rate?

  1. #1
    Registered User
    Join Date
    08-01-2018
    Location
    Ann Arbor, MI
    MS-Off Ver
    2016
    Posts
    96

    Match formula to look up discount rate?

    Hello! I currently have a formula in a cell that is supposed to look up discount rates for a customer based on a table. Please look below for reference. The formula is to first match the customer rating and then after match the customer type and find the percentage for the discount.


    disctest.PNG


    I have uploaded an example workbook, and below is the formula the cell is in.
    Please Login or Register  to view this content.
    For some reason right now, it is not pulling the correct values. It seems to be grabbing the value exactly to the left of the correct discount value. Any suggestions on how to fix this?

    Attached Files Attached Files

  2. #2
    Administrator 6StringJazzer's Avatar
    Join Date
    01-27-2010
    Location
    Tysons Corner, VA, USA
    MS-Off Ver
    MS365 Family 64-bit
    Posts
    24,721

    Re: Match formula to look up discount rate?

    When you are building INDEX/MATCH/MATCH the first argument to INDEX needs to be just the data, not the headings. And your first MATCH should be only headings.

    The two changes in red will fix your formula.

    Formula: copy to clipboard
    Please Login or Register  to view this content.
    Jeff
    | | |會 |會 |會 |會 | |:| | |會 |會
    Read the rules
    Use code tags to [code]enclose your code![/code]

  3. #3
    Registered User
    Join Date
    08-01-2018
    Location
    Ann Arbor, MI
    MS-Off Ver
    2016
    Posts
    96

    Re: Match formula to look up discount rate?

    Hi Jeff,

    Thank you for the help! Much appreciated!

  4. #4
    Administrator 6StringJazzer's Avatar
    Join Date
    01-27-2010
    Location
    Tysons Corner, VA, USA
    MS-Off Ver
    MS365 Family 64-bit
    Posts
    24,721

    Re: Match formula to look up discount rate?

    You're welcome! Thanks for the rep, and thanks for marking your thread Solved!

+ Reply to Thread

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. [SOLVED] Discount Rate
    By Mark-44 in forum Excel Formulas & Functions
    Replies: 2
    Last Post: 01-31-2016, 03:16 AM
  2. [SOLVED] NPV discount rate and cost of capital - are they the same?
    By thetalldude in forum Excel Formulas & Functions
    Replies: 2
    Last Post: 06-11-2015, 08:40 PM
  3. [SOLVED] Variable discount rate
    By SyntaxSimon in forum Excel Formulas & Functions
    Replies: 2
    Last Post: 12-20-2014, 07:26 PM
  4. Negative discount rate
    By zinseszins in forum Excel General
    Replies: 4
    Last Post: 04-18-2012, 12:37 PM
  5. Calculation Discounted Amount base on Discount Rate
    By Kenji in forum Excel General
    Replies: 1
    Last Post: 03-17-2010, 10:03 PM
  6. Replies: 0
    Last Post: 06-05-2006, 12:10 PM
  7. Discount rate - what to use?
    By tiger1969 in forum Excel Formulas & Functions
    Replies: 5
    Last Post: 09-07-2005, 12:05 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Search Engine Friendly URLs by vBSEO 3.6.0 RC 1