silentdragonfly
New Member
- Joined
- Dec 19, 2014
- Messages
- 28
Hi all!
I have a model that helps me calculate a bonus based on hitting certain ratios. I'm having trouble writing a formula to do the calculation. Here's how one line looks:
[TABLE="width: 462"]
<colgroup><col><col span="2"><col><col><col></colgroup><tbody>[TR]
[TD][TABLE="width: 436"]
<colgroup><col><col><col><col><col></colgroup><tbody>[TR]
[TD] [/TD]
[TD]% of Salary Weight[/TD]
[TD="align: right"]0.20%[/TD]
[TD="align: right"]0.30%[/TD]
[TD="align: right"]0.40%[/TD]
[/TR]
[TR]
[TD]Delinquent Loans[/TD]
[TD="align: right"]5%[/TD]
[TD="align: right"]1.15%[/TD]
[TD="align: right"]1.00%[/TD]
[TD="align: right"].85%[/TD]
[/TR]
</tbody>[/TABLE]
What this means is if our delinquency ratio is 1%, take the employee's salary, multiply it by 5% (the weight of this line item) and multiply that by 0.30 (the % of goal reached).
[/TD]
[TD][/TD]
[TD][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[/TR]
</tbody>[/TABLE]
This part is easy as long as the actual ratio is one of the 3 ratios listed (1.15%, 1.00%, or 0.85%). I'm trying to figure out how to extrapolate what the % of goal reached would be if the actual delinquency ratio is say 1.018% (ie where does that fall between 0.20% and 0.30%)?
Thanks!
Peg
I have a model that helps me calculate a bonus based on hitting certain ratios. I'm having trouble writing a formula to do the calculation. Here's how one line looks:
[TABLE="width: 462"]
<colgroup><col><col span="2"><col><col><col></colgroup><tbody>[TR]
[TD][TABLE="width: 436"]
<colgroup><col><col><col><col><col></colgroup><tbody>[TR]
[TD] [/TD]
[TD]% of Salary Weight[/TD]
[TD="align: right"]0.20%[/TD]
[TD="align: right"]0.30%[/TD]
[TD="align: right"]0.40%[/TD]
[/TR]
[TR]
[TD]Delinquent Loans[/TD]
[TD="align: right"]5%[/TD]
[TD="align: right"]1.15%[/TD]
[TD="align: right"]1.00%[/TD]
[TD="align: right"].85%[/TD]
[/TR]
</tbody>[/TABLE]
What this means is if our delinquency ratio is 1%, take the employee's salary, multiply it by 5% (the weight of this line item) and multiply that by 0.30 (the % of goal reached).
[/TD]
[TD][/TD]
[TD][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[TD="align: right"][/TD]
[/TR]
</tbody>[/TABLE]
This part is easy as long as the actual ratio is one of the 3 ratios listed (1.15%, 1.00%, or 0.85%). I'm trying to figure out how to extrapolate what the % of goal reached would be if the actual delinquency ratio is say 1.018% (ie where does that fall between 0.20% and 0.30%)?
Thanks!
Peg