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buy now pay later payment formula for three months

  1. #1
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    buy now pay later payment formula for three months

    Dear All,
    I am trying to create a model for buy now pay in 3 months for a client.
    There is no interest payment, whatever any given customer is borrowing they pay that in 3 equal installments.
    So far the only way I have figured out to calculate is to simply divide each month’s amount and divide by 3 …
    C5 = C$4/3
    I am then dragging that to the next two months…
    F6 = F$4/3 and so on …
    Is there a way to make it a little more presentable where all the monthly repayments are shown in one cell month to a month basis… like D5 will have 2nd payment of M1 and 1st payment of M2 and E5 will have 3rd payment of M1+2nd payment of M2 and 1st payment of M3 henceforth …
    I have tried many ways but so far none has really worked.
    Any suggestion would be appreciated.
    Thank you in advance
    Attached Files Attached Files

  2. #2
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    Re: buy now pay later payment formula for three months

    Hello Kashh83,

    Try putting this in cell C5, tested with your data and is working.

    Formula: copy to clipboard
    Please Login or Register  to view this content.

  3. #3
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    Re: buy now pay later payment formula for three months

    Thank you, that was quite simple actually ....

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    Re: buy now pay later payment formula for three months

    Administrative Note:

    Welcome to the forum.

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    Please see Forum Rule #3 about cross-posting and adjust accordingly. Read this to understand why we (and other sites like us) consider this to be important.

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