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Quarters Function

  1. #1
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    Join Date
    03-15-2007
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    Question Quarters Function

    I am searching for function to calculate quarters in a year to calculate the interest amount on Quarterly basis?

  2. #2
    Forum Moderator davesexcel's Avatar
    Join Date
    02-19-2006
    Location
    Regina
    MS-Off Ver
    MS 365
    Posts
    13,475
    here's a place to check your answers

    http://www.easycalculation.com/compound-interest.php

    =PMT(6%/12,30*12,180000)

    here is a cool userform you could make

    http://www.functionx.com/excel/appli...ndinterest.htm

    this site has some sort of down load you could use as an example
    http://www.vertex42.com/ExcelTemplat...rtization.html

  3. #3
    Registered User
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    03-15-2007
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    Quarter function

    I think i have not placed my quastion right, attached herewith the worksheet which may give you general idea what formula i am looking for.
    Rate of Interest 10.5%
    Construction period 3 3
    Loan Moratorium Years 2 8 Quarter
    Loan Tenure Years 10 40 Quarter
    Door to Door tenor Years 15 48 Quarter
    Repayment 40 Quarterly Installments

    Principle 100 2.5
    Starting Month of Operations Sep-11
    Repayment starts from year Sep 2013 and end Aug 2023
    formula should set for following results
    Mar-12 Mar-13 Mar-14 Mar-15 Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24
    5 10 10 10 10 10 10 10 10 10 5

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