How can I make a formula contingent on whether a date is a leap year

golda495

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Accent 5"/> <w:LsdException Locked="false" Priority="73" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Grid Accent 5"/> <w:LsdException Locked="false" Priority="60" SemiHidden="false" UnhideWhenUsed="false" Name="Light Shading Accent 6"/> <w:LsdException Locked="false" Priority="61" SemiHidden="false" UnhideWhenUsed="false" Name="Light List Accent 6"/> <w:LsdException Locked="false" Priority="62" SemiHidden="false" UnhideWhenUsed="false" Name="Light Grid Accent 6"/> <w:LsdException Locked="false" Priority="63" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 1 Accent 6"/> <w:LsdException Locked="false" Priority="64" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Shading 2 Accent 6"/> <w:LsdException Locked="false" Priority="65" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 1 Accent 6"/> <w:LsdException Locked="false" Priority="66" SemiHidden="false" UnhideWhenUsed="false" Name="Medium List 2 Accent 6"/> <w:LsdException Locked="false" Priority="67" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 1 Accent 6"/> <w:LsdException Locked="false" Priority="68" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 2 Accent 6"/> <w:LsdException Locked="false" Priority="69" SemiHidden="false" UnhideWhenUsed="false" Name="Medium Grid 3 Accent 6"/> <w:LsdException Locked="false" Priority="70" SemiHidden="false" UnhideWhenUsed="false" Name="Dark List Accent 6"/> <w:LsdException Locked="false" Priority="71" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Shading Accent 6"/> <w:LsdException Locked="false" Priority="72" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful List Accent 6"/> <w:LsdException Locked="false" Priority="73" SemiHidden="false" UnhideWhenUsed="false" Name="Colorful Grid Accent 6"/> <w:LsdException Locked="false" Priority="19" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Subtle Emphasis"/> <w:LsdException Locked="false" Priority="21" SemiHidden="false" 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mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin; mso-bidi-font-family:"Times New Roman"; mso-bidi-theme-font:minor-bidi;} </style> <![endif]--> I have a spreadsheet that calculates interest, and I need to put in a formula that will calculate the interest based on whether the date in Column B is a leap year formula


For example, this is the formula for Column F Row 8 of the calculation:


=ROUND(SUM((H7*(I8/100))*(C8/365)),2)

What I need to do is somehow make this formula so that if the date contained in Cell B Row 8 falls within a leap year then then the above formula will divide C8 by 366 instead of the above 365 - if not a leap year, then the above formula remains.


Any help greatly appreciated.
 
Thanks for all the help. I have updated the spreadsheet and used Richards formula, as when I tried pasting the other formula into the spreadsheet it didn't seem to work

One other question for you, right now if I want to add additional dates to the spreadsheet, I need to highlight the next row down, insert row(s), then highlight the row above, and the inserted row(s), then fill down.

Can anyone suggest a way to automate this so I would not have to do this every time, when I want to add additional rows to the spreadsheet.

I'm not sure what I have explained has come across clearly, so I've uploaded a copy of the spreadsheet at:

http://www.sendspace.com/file/xspmn6

Essentially, if I want to add additional dates, I need to add more rows, and go through the above process every time in order to preserve the formulas, which can get tedious.

Any help greatly appreciated.

Thanks.
 
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