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Need Half yearly Interest calculation formula

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  1. #1
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    04-19-2009
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    Mumbai
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    Excel 2007
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    19

    Need Half yearly Interest calculation formula

    Hi All,

    I m working on MS Office 2010,
    I am making a 'Half yearly Interest Calculating Excel page'

    I've created a Rough Page , which is attached herewith,
    What I need is in Cell G2 Interest+Principal
    of A2 @ B2% From C2 to D2 days [ie E2] (Calculated Half yearly ie 180 days)

    The final figure will be 151.62 for 5 years

    Please help
    Attached Files Attached Files

  2. #2
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    06-26-2010
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    Re: Need Half yearly Interest calculation formula

    =FV(B2%/2,INT(E2/180)*2,0,-A2)

    Note that 1080 days is 6 years.
    Pauley
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    If I helped with your issue, I'd appreciate a rep bump (hit the '*' icon to the bottom left of this post).

  3. #3
    Forum Expert
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    06-26-2010
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    Re: Need Half yearly Interest calculation formula

    =FV(B2%/2,INT(E2/180)*2,0,-A2)

    Note that 1080 days is 6 years.

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