$$Excel-Macros$$ Formula correction needed in FD calculation

2012-01-21 Thread santosh subudhi
Hi Group,

In the attached excel sheet the maturity value is working fine for years
and months however it not giving me the exact result when it come to days
option.

Would you request to have look into this and provide appropriate solution.

Regards
Santosh
santoshkumar.subu...@gmail.com

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FD calculation (1).xlsx
Description: application/vnd.openxmlformats-officedocument.spreadsheetml.sheet


Re: $$Excel-Macros$$ Formula correction needed in FD calculation

2012-01-21 Thread Sam Mathai Chacko
=IFERROR(ROUND(F5*(1+((F6/100)/C9))^(C9*IF(E7=Months,(F7/12),IF(E7=Years,F7,F7/365))),2),)

Regards,

Sam Mathai Chacko

On Sat, Jan 21, 2012 at 5:25 PM, santosh subudhi
santoshkumar.subu...@gmail.com wrote:
 Hi Group,

 In the attached excel sheet the maturity value is working fine for years and
 months however it not giving me the exact result when it come to days
 option.

 Would you request to have look into this and provide appropriate solution.

 Regards
 Santosh
 santoshkumar.subu...@gmail.com

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Sam Mathai Chacko

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Re: $$Excel-Macros$$ Formula correction needed in FD calculation

2012-01-21 Thread Nikhil Shah
Hi sam,

Can you post in Excel 2003 ? ..I am using excel 2003

Regards

Nikhil Shah

On Sat, Jan 21, 2012 at 10:56 PM, Sam Mathai Chacko samde...@gmail.comwrote:


 =IFERROR(ROUND(F5*(1+((F6/100)/C9))^(C9*IF(E7=Months,(F7/12),IF(E7=Years,F7,F7/365))),2),)

 Regards,

 Sam Mathai Chacko

 On Sat, Jan 21, 2012 at 5:25 PM, santosh subudhi
 santoshkumar.subu...@gmail.com wrote:
  Hi Group,
 
  In the attached excel sheet the maturity value is working fine for years
 and
  months however it not giving me the exact result when it come to days
  option.
 
  Would you request to have look into this and provide appropriate
 solution.
 
  Regards
  Santosh
  santoshkumar.subu...@gmail.com
 
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Re: $$Excel-Macros$$ Formula correction needed in FD calculation

2012-01-21 Thread xlstime
for excel 2003
 
=IF(ISERROR((ROUND(F5*(1+((F6/100)/C9))^(C9*IF(E7=Months,(F7/12),IF(E7=Years,F7,F7/365))),2))),,(ROUND(F5*(1+((F6/100)/C9))^(C9*IF(E7=Months,(F7/12),IF(E7=Years,F7,F7/365))),2)))



On Sun, Jan 22, 2012 at 10:37 AM, Nikhil Shah nikhil201...@gmail.comwrote:

 Hi sam,

 Can you post in Excel 2003 ? ..I am using excel 2003

 Regards

 Nikhil Shah


 On Sat, Jan 21, 2012 at 10:56 PM, Sam Mathai Chacko samde...@gmail.comwrote:


 =IFERROR(ROUND(F5*(1+((F6/100)/C9))^(C9*IF(E7=Months,(F7/12),IF(E7=Years,F7,F7/365))),2),)

 Regards,

 Sam Mathai Chacko

 On Sat, Jan 21, 2012 at 5:25 PM, santosh subudhi
 santoshkumar.subu...@gmail.com wrote:
  Hi Group,
 
  In the attached excel sheet the maturity value is working fine for
 years and
  months however it not giving me the exact result when it come to days
  option.
 
  Would you request to have look into this and provide appropriate
 solution.
 
  Regards
  Santosh
  santoshkumar.subu...@gmail.com
 
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Re: $$Excel-Macros$$ Formula correction needed for Recurring deposit‏

2011-12-28 Thread santosh subudhi
Hi Asaf,

Please find below the link I am referring to.
http://www.allbankingsolutions.com/Recurring-Deposit-Calculator-India.shtml

You are right!!!

The correct formula, however, is slightly different.  The error was in the
repesentation of exponents in your graphic.  This is correct:

M=(R*((1+i)^n-1))/(1-(1+i)^(-1/3))



This formula, in your worksheet, translates to:

=(I4*((1+I6/400)^I5-1))/(1-(1+I6/400)^(-1/3))

Thanks a lot the formula is working fine!!!

Will contact you soon in regards to FD calculation. ;)

Regards
Santosh Kumar Subudhi

From: a...@lovetour.info
To: excel-macros@googlegroups.com
Subject: RE: $$Excel-Macros$$ Formula correction needed for Recurring
deposit
Date: Tue, 27 Dec 2011 13:03:08 -0800

Hi Santosh,

Assuming the value you have labeled ROI and I is really just ROI (remember,
your graphic indicates that i=ROI/400), you can replicate the formula in
your graphic like this:

=(I4*((1+I6/400)*I5-1))/(1-(1+I6/400)-1/3)



The result is -31751.  Surely not what you hoped.



I think the problem is twofold.  One:  the formula in the graphic is
incorrect.  Two: Your desired value of 12259 is not the solution for even
the correct formula.  Possibly you chose the wrong formula altogether for
replicating a real financial value?



The formula in your graphic looks like it is intended to calculate the
maturity value for recurring deposits that are compounded quarterly with
monthly deposits.



The formula you show, reformatted a little for Excel notation, is:

M=(R*((1+i)*n-1))/(1-(1+i)-1/3)

where M= Maturity value, R=Monthly installment, n=Number of quarters,
i=Rate of interest/400.



The correct formula, however, is slightly different.  The error was in the
repesentation of exponents in your graphic.  This is correct:

M=(R*((1+i)^n-1))/(1-(1+i)^(-1/3))



This formula, in your worksheet, translates to:

=(I4*((1+I6/400)^I5-1))/(1-(1+I6/400)^(-1/3))

which results in 41048.



Your desired value of 12259 just doesn't make sense.  Interest aside -- if
you put 1000 a month in a savings account for 12 quarters (3 years), you
will have deposited 36000.  If the bank only offers you a balance of
12000+, complain!!!



Asa



*From:* excel-macros@googlegroups.com [mailto:excel-macros@googlegroups.com
] *On Behalf Of *santosh subudhi
*Sent:* Tuesday, December 27, 2011 2:03 AM
*To:* excel-macros@googlegroups.com
*Subject:* $$Excel-Macros$$ Formula correction needed for Recurring deposit



Hi Group,



Please look into the formula and do the necessary correction.



This is for RD calculation



-- 
Regards
Santosh
santoshkumar.subu...@gmail.com

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Regards
Santosh
santoshkumar.subu...@gmail.com

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RE: $$Excel-Macros$$ Formula correction needed for Recurring deposit‏

2011-12-28 Thread Asa Rossoff
Santosh -- Excellent!

The key to translating these formulas is to bear a few things in mind:

1. variables next to numbers or parenthesis in ordinary math notation get 
multiplied together.  Same if they have a multiplication or bullet symbol (e.g. 
5n, n(5), 5 ∙ n, and 5 × n are all equivalent to 5*n)

2. Exponent notation in Excel uses the caret symbol instead of superscript. (5n 
is equivalent to 5^n in Excel)

3. Use parenthesis to surround parts of the calculation that should be 
calculated first, unless the default order of operations is appropriate.  The 
default order of operations is something like functions and parenthesis, ^, * 
and /, + and -, then simply left to right.  In ordinary math notation, you also 
have vertical alignments, as for division.   In Excel, put parenthesis around 
the top formula, insert the division symbol, then parenthesize the bottom 
formula.  if there are additional operation in the formula after that big 
division, enclose all of the big division in parenthesis too.

For example, given:

   5 2(b + 1)

  ─── + ──

   2c

a =  ──

 3

To solve for a in Excel, use:

= ((5/2)+((2*(b+1))/c))/3

4. Excel has a shortcut for the notation 123 × 10456 (where 123 is any number 
and 456 is any power of 10) In Excel, you can use 123e456.

 

all the best :)

Asa

 

From: santosh subudhi [mailto:santoshkumar.subu...@gmail.com] 
Sent: Wednesday, December 28, 2011 2:16 AM
To: a...@lovetour.info; excel-macros@googlegroups.com
Subject: Re: $$Excel-Macros$$ Formula correction needed for Recurring deposit‏

 

Hi Asaf,

 

Please find below the link I am referring to.

http://www.allbankingsolutions.com/Recurring-Deposit-Calculator-India.shtml 

 

You are right!!!

 

The correct formula, however, is slightly different.  The error was in the 
repesentation of exponents in your graphic.  This is correct:

M=(R*((1+i)^n-1))/(1-(1+i)^(-1/3))

 

This formula, in your worksheet, translates to:

=(I4*((1+I6/400)^I5-1))/(1-(1+I6/400)^(-1/3))

 

Thanks a lot the formula is working fine!!!

 

Will contact you soon in regards to FD calculation. ;)

 

Regards

Santosh Kumar Subudhi

 

From: a...@lovetour.info
To: excel-macros@googlegroups.com
Subject: RE: $$Excel-Macros$$ Formula correction needed for Recurring deposit
Date: Tue, 27 Dec 2011 13:03:08 -0800

Hi Santosh,

Assuming the value you have labeled ROI and I is really just ROI (remember, 
your graphic indicates that i=ROI/400), you can replicate the formula in your 
graphic like this:

=(I4*((1+I6/400)*I5-1))/(1-(1+I6/400)-1/3)

 

The result is -31751.  Surely not what you hoped.

 

I think the problem is twofold.  One:  the formula in the graphic is incorrect. 
 Two: Your desired value of 12259 is not the solution for even the correct 
formula.  Possibly you chose the wrong formula altogether for replicating a 
real financial value?

 

The formula in your graphic looks like it is intended to calculate the maturity 
value for recurring deposits that are compounded quarterly with monthly 
deposits.

 

The formula you show, reformatted a little for Excel notation, is:

M=(R*((1+i)*n-1))/(1-(1+i)-1/3)

where M= Maturity value, R=Monthly installment, n=Number of quarters, i=Rate of 
interest/400.

 

The correct formula, however, is slightly different.  The error was in the 
repesentation of exponents in your graphic.  This is correct:

M=(R*((1+i)^n-1))/(1-(1+i)^(-1/3))

 

This formula, in your worksheet, translates to:

=(I4*((1+I6/400)^I5-1))/(1-(1+I6/400)^(-1/3))

which results in 41048.

 

Your desired value of 12259 just doesn't make sense.  Interest aside -- if you 
put 1000 a month in a savings account for 12 quarters (3 years), you will have 
deposited 36000.  If the bank only offers you a balance of 12000+, complain!!!

 

Asa

 

From: excel-macros@googlegroups.com [mailto:excel-macros@googlegroups.com] On 
Behalf Of santosh subudhi
Sent: Tuesday, December 27, 2011 2:03 AM
To: excel-macros@googlegroups.com
Subject: $$Excel-Macros$$ Formula correction needed for Recurring deposit

 

Hi Group,

 

Please look into the formula and do the necessary correction.

 

This is for RD calculation


 

-- 
Regards
Santosh 
 mailto:santoshkumar.subu...@gmail.com santoshkumar.subu...@gmail.com

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RE: $$Excel-Macros$$ Formula correction needed for Recurring deposit

2011-12-27 Thread Asa Rossoff
Hi Santosh,

Assuming the value you have labeled ROI and I is really just ROI (remember,
your graphic indicates that i=ROI/400), you can replicate the formula in
your graphic like this:

=(I4*((1+I6/400)*I5-1))/(1-(1+I6/400)-1/3)

 

The result is -31751.  Surely not what you hoped.

 

I think the problem is twofold.  One:  the formula in the graphic is
incorrect.  Two: Your desired value of 12259 is not the solution for even
the correct formula.  Possibly you chose the wrong formula altogether for
replicating a real financial value?

 

The formula in your graphic looks like it is intended to calculate the
maturity value for recurring deposits that are compounded quarterly with
monthly deposits.

 

The formula you show, reformatted a little for Excel notation, is:

M=(R*((1+i)*n-1))/(1-(1+i)-1/3)

where M= Maturity value, R=Monthly installment, n=Number of quarters, i=Rate
of interest/400.

 

The correct formula, however, is slightly different.  The error was in the
repesentation of exponents in your graphic.  This is correct:

M=(R*((1+i)^n-1))/(1-(1+i)^(-1/3))

 

This formula, in your worksheet, translates to:

=(I4*((1+I6/400)^I5-1))/(1-(1+I6/400)^(-1/3))

which results in 41048.

 

Your desired value of 12259 just doesn't make sense.  Interest aside -- if
you put 1000 a month in a savings account for 12 quarters (3 years), you
will have deposited 36000.  If the bank only offers you a balance of 12000+,
complain!!!

 

Asa

 

From: excel-macros@googlegroups.com [mailto:excel-macros@googlegroups.com]
On Behalf Of santosh subudhi
Sent: Tuesday, December 27, 2011 2:03 AM
To: excel-macros@googlegroups.com
Subject: $$Excel-Macros$$ Formula correction needed for Recurring deposit

 

Hi Group,

 

Please look into the formula and do the necessary correction.

 

This is for RD calculation


 

-- 
Regards
Santosh 
santoshkumar.subu...@gmail.com

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$$Excel-Macros$$ Formula Correction

2010-08-25 Thread lucky singh
Hi,

Need help in formula...

I just need the only the first name to be extracted without space or gap...

Regards,
Jay S
8108932708

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Description: MS-Excel spreadsheet


Re: $$Excel-Macros$$ Formula Correction

2010-08-25 Thread NOORAIN ANSARI
Dear Lucky,

Please find attachement with solution.

Thanks,
Noorain Ansari

On Wed, Aug 25, 2010 at 2:26 PM, lucky singh lucky60...@gmail.com wrote:


 Hi,

 Need help in formula...

 I just need the only the first name to be extracted without space or gap...

 Regards,
 Jay S
 8108932708

 --

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 Some important links for excel users:
 1. Follow us on TWITTER for tips tricks and links :
 http://twitter.com/exceldailytip
 2. Join our LinkedIN group @ http://www.linkedin.com/groups?gid=1871310
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 HELP US GROW !!

 We reach over 7000 subscribers worldwide and receive many nice notes about
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First_Name(solved).xls
Description: MS-Excel spreadsheet


Re: $$Excel-Macros$$ Formula Correction

2010-08-25 Thread Norman May
Jay

Try putting the following formula in cell C3:
=LEFT(B3,FIND( ,B3,1))
Norman
On Wed, Aug 25, 2010 at 4:56 AM, lucky singh lucky60...@gmail.com wrote:


 Hi,

 Need help in formula...

 I just need the only the first name to be extracted without space or gap...

 Regards,
 Jay S
 8108932708

 --

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-- 
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Some important links for excel users:
1. Follow us on TWITTER for tips tricks and links : 
http://twitter.com/exceldailytip
2. Join our LinkedIN group @ http://www.linkedin.com/groups?gid=1871310
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 7000 subscribers worldwide and receive many nice notes about the 
learning and support from the group.Let friends and co-workers know they can 
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Re: $$Excel-Macros$$ Formula Correction

2010-08-25 Thread Kal xcel
Dear Jay,

Problem is solved. See the attachment.

On Wed, Aug 25, 2010 at 2:26 PM, lucky singh lucky60...@gmail.com wrote:


 Hi,

 Need help in formula...

 I just need the only the first name to be extracted without space or gap...

 Regards,
 Jay S
 8108932708

 --

 --
 Some important links for excel users:
 1. Follow us on TWITTER for tips tricks and links :
 http://twitter.com/exceldailytip
 2. Join our LinkedIN group @ http://www.linkedin.com/groups?gid=1871310
 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 7000 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 LinkedIN group @ http://www.linkedin.com/groups?gid=1871310
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 7000 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


First_Name-solved by kalyan.xls
Description: MS-Excel spreadsheet