From: Trainee on
Let's say a balance of 1500.00 at 12.99% how do we calculate the FINANCE
CHARGES on XL?
TX.
From: Niek Otten on
What do you want to know?

--
Kind regards,

Niek Otten
Microsoft MVP - Excel

"Trainee" <Trainee(a)discussions.microsoft.com> wrote in message
news:F246DE4B-EE72-4015-8D50-B4ADCA3E6BCC(a)microsoft.com...
> Let's say a balance of 1500.00 at 12.99% how do we calculate the FINANCE
> CHARGES on XL?
> TX.

From: Russell Dawson on
If A1 contains 1500.00 and B1 the 12.99 in C1 input =A1*B1%

--
Russell Dawson
Excel Student

Please hit "Yes" if this post was helpful.


"Trainee" wrote:

> Let's say a balance of 1500.00 at 12.99% how do we calculate the FINANCE
> CHARGES on XL?
> TX.
From: Trainee on
I guess this is the formula I'm looking for, probably just need to divide
it for 12(months) to get the monthly FINANCE CHARGES IN C1


"Russell Dawson" wrote:

> If A1 contains 1500.00 and B1 the 12.99 in C1 input =A1*B1%
>
> --
> Russell Dawson
> Excel Student
>
> Please hit "Yes" if this post was helpful.
>
>
> "Trainee" wrote:
>
> > Let's say a balance of 1500.00 at 12.99% how do we calculate the FINANCE
> > CHARGES on XL?
> > TX.
From: Trainee on

The monthly finance charges in C1
"Niek Otten" wrote:

> What do you want to know?
>
> --
> Kind regards,
>
> Niek Otten
> Microsoft MVP - Excel
>
> "Trainee" <Trainee(a)discussions.microsoft.com> wrote in message
> news:F246DE4B-EE72-4015-8D50-B4ADCA3E6BCC(a)microsoft.com...
> > Let's say a balance of 1500.00 at 12.99% how do we calculate the FINANCE
> > CHARGES on XL?
> > TX.
>