I would like to do the following:
Example data:
I have a lease entered into on 10 November 2004 and which finishes on 10 May 2006. Monthly rental is $100.
There are lots of leases all at different times/years etc.
How can I calculate how much was due per year, i.e. in 2004, 2005, 2006?
I am essentially looking for a formula that will calculate the months in 2004, recognise that 2005 is a full year and find the right part of 2006 and apply the monthly rental.
Can anyone help?
Thank you!!!
Example data:
I have a lease entered into on 10 November 2004 and which finishes on 10 May 2006. Monthly rental is $100.
There are lots of leases all at different times/years etc.
How can I calculate how much was due per year, i.e. in 2004, 2005, 2006?
I am essentially looking for a formula that will calculate the months in 2004, recognise that 2005 is a full year and find the right part of 2006 and apply the monthly rental.
Can anyone help?
Thank you!!!