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

Create a Pivot Table on a Map
If your data has zip codes, postal codes, or city names, select the data and use Insert, 3D Map. (Found to right of chart icons).
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
 
Upvote 0

Forum statistics

Threads
1,223,888
Messages
6,175,208
Members
452,618
Latest member
Tam84

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