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How to divide money based on time AND amount of contribution?

  1. #1
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    How to divide money based on time AND amount of contribution?

    I am trying to use MS Excel 2007 in solving this problem but total amount do not match... Please help...

    Three (3) people were involved in raising a fund of $500.00 which earned $300.00 after 5 days. They decided to divide the total money to each contributor based on time and amount of contribution. I need to find each one's part.

    John contributed $100.00 on Day1 and $50.00 on Day3,
    Peter contributed $75.00 on Day2 and $125.00 on day4 and
    Sam contributed $150 on Day4.


    Thank you in advance,
    V3rnon

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    Re: How to divide money based on time AND amount of contribution?

    Hi V3rnon,

    see if attached file work for you.


    Thank,s
    A
    Attached Files Attached Files

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    Re: How to divide money based on time AND amount of contribution?

    Thank you amy_d2 for the prompt reply...

    What i meant was... i wanted to divide or distribute the amount earned proportionately based on time the contribution was made. This means if 2 people contributed the same whole amount in 2 different days, the first one gets bigger share compared to the other...

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    Re: How to divide money based on time AND amount of contribution?

    Thank you amy_d2 for the prompt reply...

    What i meant was... i wanted to divide or distribute the amount earned proportionately based on time the contribution was made. This means if 2 people contributed the same whole amount in 2 different days, the first one gets bigger share compared to the other...

  5. #5
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    Cool Re: How to divide money based on time AND amount of contribution?

    I was thinking on that line . But you want that on the basis of ratio of contributors or is there any % of it .....if possible pls send me your desire result then I will be able to work on the same

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