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ECXEL QQUESTION

  
 
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lolzzz_321
Old 04-04-2006, 04:09 PM     Post subject: ECXEL QQUESTION #1 (permalink)  
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So I'm doing this exel thing and it give me:

Panama City
$2,468.52 COST
4.05% APR
$75.00 MONTHLY PAYMENT
24 MONTHS (PERIODS)
? AMOUNT SAVED

So my formula for amount saved would be =FV(4.05%/12, 24, -75)

??????????????????????
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Muxy
Old 04-05-2006, 12:17 AM #2 (permalink)  
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something like that yup
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elipsesjeff
Old 04-05-2006, 01:03 AM #3 (permalink)  
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I think you have to convert your APR into EIR then do the calculation. Also, you find out how much you save by subracting the value you get by doing the calculation from the original cost.


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Lukie
Old 04-05-2006, 01:15 AM #4 (permalink)  
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something looks funny in your tightle
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lolzzz_321
Old 04-05-2006, 01:18 AM #5 (permalink)  
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Nah, she said that was it. The amount saved is how much we have saved of the $2k, like the cost is our goal. We are depositing $75 each month and getting that annual interest rate, so we gotta divide it by 12. Thx Jeff.
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lolzzz_321
Old 04-05-2006, 01:23 AM #6 (permalink)  
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Hangin out with PO$$E$$ED too much.

=VLOOKUP(C14, Lukie:Boost, 2, true)

#N/A
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Lukie
Old 04-05-2006, 04:56 AM #7 (permalink)  
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Quote:
Originally Posted by Triptan3s
Hangin out with PO$$E$$ED too much.

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what are you trying to say trip
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