Formula for Qtrly Payments

slstewart249

New Member
Joined
Apr 14, 2018
Messages
3
I am trying to write a formula to show quarterly payments for the next 5 years. The payment table is from starts in 2018. First payment is not until Feb 2019.

A7: Feb-19 (payment start date)
A8: $25,000 (qtrly payment amount)

D4: 1/31/18 (across columns, 2/28/18, 3/31/18...etc to 2022)
D5: 1 (i.e. Month 1, January)

How do I fix the below formula so that payments don't start until Feb 19?

D8: =IF(MOD(D5,3)=MOD(MONTH($A$7),3),$A$8,0)
copy across
 

Excel Facts

VLOOKUP to Left?
Use =VLOOKUP(A2,CHOOSE({1,2},$Z$1:$Z$99,$Y$1:$Y$99),2,False) to lookup Y values to left of Z values.

Forum statistics

Threads
1,224,823
Messages
6,181,175
Members
453,021
Latest member
Justyna P

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top