A formula to spread values across 16 weeks totaling 508. Increasing from week 1 thru week 16.
I Also need to calculate the cumulative % over that period. In The Overall Planning Section.
A formula to spread values across 16 weeks totaling 508. Increasing from week 1 thru week 16.
I Also need to calculate the cumulative % over that period. In The Overall Planning Section.
Use a formula like
=PPMT(1%,ROW(A1),16,-508)
Copied down for 15 more rows (or change ROW to COLUMN and copy across for 15 columns). Change the 1% to your desired rate - the total of the 16 cells will always be 508...
Last edited by Bernie Deitrick; 04-16-2019 at 10:01 AM.
Bernie Deitrick
Excel MVP 2000-2010
I tried it with =PPMT(.05,COLUMN(D3),19,-508), this gives me a sum of 456
My Columns Range is (D3:S3)= 16 weeks totaling 508
Column returns the column number, so you need to start with 1 (column A) and use 16 not 19:
=PPMT(.05,COLUMN(A1),16,-508)
Your formula would return the sum of principal payments 4 through 19 - so it would always be less than 508 because it misses payments 1, 2, and 3.
Last edited by Bernie Deitrick; 04-16-2019 at 11:35 AM.
You have the weeks listed in row 2, so this might work:
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thanks for all your help Bernie
You are awesome Melvosh, worked perfectly.
Happy to help
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