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Please see attached. Why am I getting #NUM! in cells I11 & J11?
I've spent a lot of time trying to debug this, but I just don't see it.
Thanks
Please see attached. Why am I getting #NUM! in cells I11 & J11?
I've spent a lot of time trying to debug this, but I just don't see it.
Thanks
pls try this formula
Formula:
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pls try another formula
Formula:Please Login or Register to view this content.
Last edited by wk9128; 03-28-2024 at 09:24 AM.
It is erroring out because the minimum payment is too low to (effectively) ever pay the deby off. If you set the APR to 11.9999999 % (see file) the final payment will be made in 2257... when ye and me will have passed from living memory!! At 12% and above it simply errors out.
Glenn
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Temporary addition of accented to illustrate ongoing problem to the TT: L? fh?ile P?draig sona dhaoibh
I get a circular reference error on the first formula. The second returns 0.
That doesn't seem to work. I'm going to look for another template.
Thanks
is it your template that needs to be replaced or your assumptions in row 11? the numbers in rows 12 and 13 match my finance calculator's numbers but your numbers in 11 don't work which has been noted.
7606.56 at 30.49% APR interest would amount to 193.27/mo in interest alone therefore a monthly pmt of 76.07 will only have it accruing more unpaid balance and the NPER formula is looking for a future value and since you left that part out it assumes 0, therefore errors or #NUM!
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Sam Capricci
I see.
Thanks.
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