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Calculation of Credit Card %



 
 
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Old April 4th, 2010, 07:31 PM posted to microsoft.public.excel.misc
Russell Dawson[_2_]
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Default Calculation of Credit Card %

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

Please hit "Yes" if this post was helpful.


"Stan Brown" wrote:

Sun, 4 Apr 2010 06:37:01 -0700 from Trainee
:

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...
.

 




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