Looking for logical date formula

spycein

Board Regular
Joined
Mar 8, 2014
Messages
135
Office Version
  1. 365
Platform
  1. Windows
Hi Every one,
I have a following data of Fixed Deposit

Principal AmountInterest Rate %FD Start DateFD Maturity DateNo. of Days Maturity Amount Total Interest Earned
1,000.00
5.00%​
29-Oct-18​
29-Jan-19​
92​
1,013.00 13.00
2,000.00
6.00%​
03-Jan-19​
08-Apr-19​
95​
2,031.00 31.00
3,000.00
6.00%​
03-Jan-19​
08-Apr-19​
95​
3,047.00 47.00
4,000.00
5.00%​
29-Jan-19​
01-May-19​
92​
4,050.00 50.00
5,000.00
6.00%​
08-Apr-19​
09-Jul-19​
92​
5,076.00 76.00
6,000.00
6.00%​
01-May-19​
01-Aug-19​
92​
6,091.00 91.00

I am looking for a excel formula which would return the interest amount for a specific period.
For example if i provide a date range as start date 01/01/2019 and end date 31/01/2019 then the formula should return the interest amount for the period only.
Thanks in Advance.
Best Regards,
 

Excel Facts

Which came first: VisiCalc or Lotus 1-2-3?
Dan Bricklin and Bob Frankston debuted VisiCalc in 1979 as a Visible Calculator. Lotus 1-2-3 debuted in the early 1980's, from Mitch Kapor.
This is what your last column is already doing i.e. for the first line the interest rate is 5% (which for a whole year would be 50) - the period is 92 days so the interest would be (50/365) X 92 so the formula for 7th column could be (assuming the table starts in Cell A1):

=A2*B2/365*E2
 
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