Hi Paul, Nice one. Good job done....
Thanks, On Sat, Feb 20, 2010 at 10:07 AM, ankur <ankurpande...@gmail.com> wrote: > hi sastry > i think ur query has been solved by paul , for any more clarification > u can post ur msg > Have A Nice Time & Enjoy Life > > Regards: > CMA Ankur Pandey > (Someone Different) > > I'm not the best but i'm not like the rest~~ > > > > On Sat, Feb 20, 2010 at 12:27 AM, Paul Schreiner <schreiner_p...@att.net> > wrote: > > First of all, you should check the "help" for the "or" function. > > It says: > > Returns TRUE if any argument is TRUE; returns FALSE if all arguments > > are FALSE > > and > > The arguments must evaluate to logical values such as TRUE or FALSE, > or > > in arrays or references that contain logical values. > > > > that means that the stuff between the commas > > =or(test1, test2, test3) > > must END UP either TRUE or FALSE > > > > so, or(6,12,18,24... isn't going to work. > > because 6 isn't a true or false, 12 isn't true or false. > > > > I realize you WANT to test if A2 = 6, 12, 18... > > but to do that with OR, you'd have to use: > > =OR(A2=6,A2=12,A2=18, ....) > > Now, an easier approach would be to use something like the =MOD() > function. > > =MOD() (short for "modulus") performs a division operation and returns > the > > REMAINDER. > > > > So, you could use: =if(mod(A2,6)=0,(B2*C2)+B2,B2) > > > > although I'm not sure if the rest of your formula is correct... > > But this will at least get your first question answered... > > Paul > > ________________________________ > > From: Sastry <brb.sas...@gmail.com> > > To: MS EXCEL AND VBA MACROS <excel-macros@googlegroups.com> > > Sent: Fri, February 19, 2010 12:44:25 PM > > Subject: $$Excel-Macros$$ formula for showing multiple of a no. > > > > Hi Group, > > > > I am writing a simple formula for a compounding interest. Let me > > quickly take you through the example. > > > > Monthly Investment - Rs.2000 > > Yearly Interest - 10% (compounded twice a year) i.e., 5% every 6th > > month > > Tenor - 1 year > > > > Month Investment Interest Cls Bal > > (Col A) (ColB) (Col C) (Col D) > > 1 2000 5% 2000 (no interest calc) > > 2 4000 5% 4000 (no interest calc) > > 3 6000 5% 6000 (no interest calc) > > 4 8000 5% 8000 (no interest calc) > > 5 10000 5% 10000 (no interest calc) > > 6 12000 5% 12600 (interest calculated @ 5%) > > > > My Question: > > I'm putting a formula assuming that they are in Columns A to D. > > I'm putting a formula in column D (Cls bal) as > > > > > =IF(A2=OR(6,12,18,24,30,36,42,48,54,60,66,72,78,84,90,96,102,108,114,120), > > (B2*C2)+B2,B2) > > > > for some strange reason, this formula while using "OR" worksheet > > function is not working. > > > > Also, can anyone suggest if there is a shorter way of finding a > > substitute for "OR"? I want the interest to be calculated when the > > tenure is a multiple of 6 (since half yearly compounding). > > > > Your time and thoughts would be highly appreciated. > > > > Sastry > > > > -- > > > ---------------------------------------------------------------------------------- > > Some important links for excel users: > > 1. Follow us on TWITTER for tips tricks and links : > > http://twitter.com/exceldailytip > > 2. Join our Facebook Group @ > > http://www.facebook.com/group.php?gid=287779555678 > > 3. Excel tutorials at http://www.excel-macros.blogspot.com > > 4. Learn VBA Macros at http://www.quickvba.blogspot.com > > 5. Excel Tips and Tricks at http://exceldailytip.blogspot.com > > > > To post to this group, send email to excel-macros@googlegroups.com > > > > <><><><><><><><><><><><><><><><><><><><><><> > > HELP US GROW !! > > > > We reach over 6,800 subscribers worldwide and receive many nice notes > about > > the learning and support from the group.Let friends and co-workers know > they > > can subscribe to group at > > http://groups.google.com/group/excel-macros/subscribe > > > > -- > > > ---------------------------------------------------------------------------------- > > Some important links for excel users: > > 1. Follow us on TWITTER for tips tricks and links : > > http://twitter.com/exceldailytip > > 2. Join our Facebook Group @ > > http://www.facebook.com/group.php?gid=287779555678 > > 3. Excel tutorials at http://www.excel-macros.blogspot.com > > 4. Learn VBA Macros at http://www.quickvba.blogspot.com > > 5. Excel Tips and Tricks at http://exceldailytip.blogspot.com > > > > To post to this group, send email to excel-macros@googlegroups.com > > > > <><><><><><><><><><><><><><><><><><><><><><> > > HELP US GROW !! > > > > We reach over 6,800 subscribers worldwide and receive many nice notes > about > > the learning and support from the group.Let friends and co-workers know > they > > can subscribe to group at > > http://groups.google.com/group/excel-macros/subscribe > > > > -- > > ---------------------------------------------------------------------------------- > Some important links for excel users: > 1. Follow us on TWITTER for tips tricks and links : > http://twitter.com/exceldailytip > 2. Join our Facebook Group @ > http://www.facebook.com/group.php?gid=287779555678 > 3. Excel tutorials at http://www.excel-macros.blogspot.com > 4. Learn VBA Macros at http://www.quickvba.blogspot.com > 5. Excel Tips and Tricks at http://exceldailytip.blogspot.com > > To post to this group, send email to excel-macros@googlegroups.com > > <><><><><><><><><><><><><><><><><><><><><><> > HELP US GROW !! > > We reach over 6,800 subscribers worldwide and receive many nice notes about > the learning and support from the group.Let friends and co-workers know they > can subscribe to group at > http://groups.google.com/group/excel-macros/subscribe > -- Thanks, Deepak Rai -- ---------------------------------------------------------------------------------- Some important links for excel users: 1. Follow us on TWITTER for tips tricks and links : http://twitter.com/exceldailytip 2. Join our Facebook Group @ http://www.facebook.com/group.php?gid=287779555678 3. Excel tutorials at http://www.excel-macros.blogspot.com 4. Learn VBA Macros at http://www.quickvba.blogspot.com 5. Excel Tips and Tricks at http://exceldailytip.blogspot.com To post to this group, send email to excel-macros@googlegroups.com <><><><><><><><><><><><><><><><><><><><><><> HELP US GROW !! We reach over 6,800 subscribers worldwide and receive many nice notes about the learning and support from the group.Let friends and co-workers know they can subscribe to group at http://groups.google.com/group/excel-macros/subscribe