You could do this with goal seek. But if you want the equation, =(0.78 -
B1*C1)/D1
"Cal" wrote:
> open a spreadsheet and place the following value(s)...
>
> (cell A1) $50000 ..., this entry represents a fixed dollar amount
> (cell B1) 0.025 ..., this entry represents a "rate"
> (cell C1) 25 ..., this entry represents a fixed amount of years
> (cell D1) 0.020 ..., this entry represents a seperate "rate"
> (cell E1) 5 ..., this entry represents additional amount of years
> (cell F1's formula) =(A1*B1*C1)+(A1*D1*E1) ..., this produces $36250
> (cell G1's formula) =F1/A1 ..., this produces 72.5%, (or .0725)
> (cell H1's formula) is where I need help?
>
> I cannot deterime the formula that will report, "What amount of total years
> will produce a result of 78% (.078) in G1's cell? 25 plus "whatever"
> additional years?
> P.S. (C1+E1)/G1*.78 does not produce the correct formula/answer. I know
> that the correct answer is, 32.75 (years) or otherwords 7.75 in E1's cell,
> but I cannot figure out the formula that will provide that answer!
>
> Thanks for your help...
>
>
> -
> rudy
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