From: Russell Dawson on 4 Apr 2010 14:31
The question was as to how it can be done in Excel.
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
> Shikata ga nai...