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Pension Calculation Formula Needed

  1. #1
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    Pension Calculation Formula Needed

    This has been doing my head in all weekend!

    My Pension is to be paid using the following equation:

    Multiply "Pensionable Earnings" by "Reckonable Service" by 1/80th

    I can not work out how to write the Formulas to do it?

    Please can somebody help?

    Thank you

  2. #2
    Forum Expert etaf's Avatar
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    Re: Pension Calculation Formula Needed

    assuming
    Pensionable Earnings = a2
    Reckonable Service = b2

    (b2/80) = 80th of Reckonable Service
    =A2*(b2/80)

    you dont need brackets really
    A2*B2/80

    unless you mean something else

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