Hi
I'm looking for an excel formula to reduce a balance equally over a 12 month period and at the 13 month the balance should be zero.
For example:
Cell (B2) i have 12,000.
In Cell (C2:N2) i want 1,000 in each cell which will equal 12,000 over 12 months.
When the formula is extended to Cell (O2) it would show that a zero balance is remaining.
.......... Jan......Feb .....Dec Jan13
12,000 1,000 1,000 1,000 0
Thank you,
Andrew.
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