From: Russell Dawson on
The question was as to how it can be done in Excel.
--
Russell Dawson
Excel Student

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"Stan Brown" wrote:

> Sun, 4 Apr 2010 06:37:01 -0700 from Trainee
> <Trainee(a)discussions.microsoft.com>:
> >
> > Let's say a balance of 1500.00 at 12.99% how do we calculate the FINANCE
> > CHARGES on XL?
> > TX.
>
> It's really, really, really hard: multiply the two and divide by 12.
>
> This isn't an Excel problem, it's a problem in business arithmetic.
> You'd probably have learned more if you'd studied the examples in
> your textbook.
>
> --
> Stan Brown, Oak Road Systems, Tompkins County, New York, USA
> http://OakRoadSystems.com
> Shikata ga nai...
> .
>