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Help with formula cant get it to work... excel spreadsheet attached for reference and test

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    Help with formula cant get it to work... excel spreadsheet attached for reference and test

    Hello
    I currently have a formula for in column M and im confused why row 15 is calculating 2 payments instead of 9. I do not know what to add in order to fix the issue. Can someone edit my formula so that one formula will work for all cases as far as Column N giving me the correct number of months. It should work for payments that have ended and for future payments. Please help. Thank you

    Thanks, Val
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    Last edited by valeriyklimov; 10-28-2013 at 01:28 PM.

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    Forum Contributor vamosj's Avatar
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    Re: Help with formula cant get it to work... excel spreadsheet attached for reference and

    Tried to look at it but you are getting external data from another spreadsheet. Could you please upload that one also?
    Janos S. Vamos
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    Re: Help with formula cant get it to work... excel spreadsheet attached for reference and

    Well I cant upload the whole document for certain reasons... does the information not show up on the spreadsheet I uploaded?

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    Re: Help with formula cant get it to work... excel spreadsheet attached for reference and

    Ok so I updated the excel spreadsheet you should be able to see the required information.
    Thanks in advance for your help.
    I appreciate it.

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    Forum Contributor vamosj's Avatar
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    Re: Help with formula cant get it to work... excel spreadsheet attached for reference and

    It looks like there is something with your IF statements and how the determining factors play out or what you are multiplying the Montly Payments By...

    With the formula the logicon row 15 is going with this.. So let me know where the problem is here and we can help more.

    Final Payment (Y) is Greater Than As Of (Y)
    DOF (Y) is Less than As Of (Y)
    Final Payment (M) IS NOT less than As Of (M)
    So it now calculates Monthly Payment * Final Payment (M)

    Monthly Payment * Februrary is basically what it's trying to calculate.


    Now if the Final Payment (M) is less than As Of (M) then it would be calculating Monthly Payments * (As of Month - DOF)
    Last edited by vamosj; 10-28-2013 at 02:30 PM.

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    Re: Help with formula cant get it to work... excel spreadsheet attached for reference and

    So what exactly would you say the formula should be... what formula would you write?
    I need it to calculate payment for the current year that is being calculated not a cumulative of all years.... if you understand what im saying.

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    Re: Help with formula cant get it to work... excel spreadsheet attached for reference and

    Administrative Note:
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    Re: Help with formula cant get it to work... excel spreadsheet attached for reference and

    Quote Originally Posted by valeriyklimov View Post
    So what exactly would you say the formula should be... what formula would you write?
    I need it to calculate payment for the current year that is being calculated not a cumulative of all years.... if you understand what im saying.
    Let's see if I have this right... You want to calculate the total payments from January to the current month?

    If not, please right it down like you would a regular math problem..


    Current Month - January = Amount to multiply payments by.....
    Last edited by vamosj; 10-28-2013 at 05:47 PM.

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    Re: Help with formula cant get it to work... excel spreadsheet attached for reference and

    @ vamosj...Your post does not comply with Rule 7 of our Forum RULES. Please do not ignore requests by Administrators, Moderators and senior forum members regarding forum rules.

    If you are unclear about the request or instruction then send a private message to them asking for clarification. Do not post a reply in a thread where a moderator has requested an action that has not yet been complied with e.g Title change or Code tags...etc

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