calculate interest for one-time payment on loan
- From: ken <gebser speakeasy net>
- To: Gnumeric List <gnumeric-list gnome org>
- Subject: calculate interest for one-time payment on loan
- Date: Thu, 08 Feb 2007 11:37:15 -0500
Hi, people,
This should be a simple thing to do. I'm surprised there's not a
function for it. Or maybe there is one. I've looked at the FAQ, read
through quite a few of the functions, and searched the archives for this
list and haven't found what I need. As my Subject line says, I'm
looking for a way to calculate interest for one-time payment on loan.
Too simplistically, it's this:
InterestAmt = DailyInterestRate * NumberOfDays
DailyInterestRate = AnnualInterestRate / 365
NumberOfDays(DateStart, DateEnd)
Gnumeric is nice because variables such as the above can be hardcoded
into a formula or fetched from a cell. I could hardcode everything but
DateEnd; that needs to be fetched from a cell.
Anyone know a way to do this?
tnx much,
ken
--
"The mark of a moderate man is freedom from his own ideas.
Tolerant like the sky all-pervading like sunlight, firm like a
mountain, supple like a tree in the wind, he has no destination
in view and makes use of anything life happens to bring his
way." -- Tao Te Ching
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