I joined Excel Forum specifically to get help with the following problem. I consider myself and intermediate Excel user and just can’t figure this one out. See attachment for reference
I have two values; for discussion purposes consider the first value $45.70 an unloaded financial figure and the second value $95.53 the loaded value.
Essentially, the 95.53 is derived from adding fringe, overhead and G&A costs to the $45.70 value.
The issue: In multiplying the $95.53 * 36 the product is $3,439.08, but if I multiply the unloaded value $45.70 * 36 = $1,645.20 and apply the fringe, overhead and G&A math the product is $3,439.11; three cents difference. I’ve tried all variations of rounding, truncating etc. to no avail.
I know that the loaded value $95.53 is correct, as I can apply the formulas against the unloaded value $45.70 and my product is $49.83. $45.70 + $49.83 = $95.53.
Attached is a snapshot of my spreadsheet with the accompanying formulas.
BTW…. By rounding down I can get to within 1 penny difference but no lower. HELP!
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