Trying to use division within INDEX/MATCH formula

leopardhawk

Well-known Member
Joined
May 31, 2007
Messages
611
Office Version
  1. 2016
Platform
  1. Windows
Hello forum friends, the formula below returns 2003.06 which amount I am trying to divide by 12 so I get a result of 166.92. If I add a /12 at the end of the formula, I get a result of 1618.72. I recognize that it will be impossible for anyone trying to help me here to actually test the formula but if you have any ideas or suggestions, I will be grateful. Hopefully, someone can help me sort this out.

=ROUND((INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0233*(0.025*12*1.084))+INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*0.025*12*1.084+INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0471*(0.025*12*1.084),2)+ROUND(INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0715*(0.025*12*1.084),2)+ROUND(INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0965*(0.025*12*1.084),2)

Thank you!
 

Excel Facts

Format cells as date
Select range and press Ctrl+Shift+3 to format cells as date. (Shift 3 is the # sign which sort of looks like a small calendar).
Just a guess, but what happens if you put parenthesis around your formula before dividing.
=(ROUND((INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0233*(0.025*12*1.084))+INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*0.025*12*1.084+INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0471*(0.025*12*1.084),2)+ROUND(INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0715*(0.025*12*1.084),2)+ROUND(INDEX(CPP_OAS[Maximum Monthly Amounts],MATCH("CPP",CPP_OAS[Federal Programs (dollars)],0))*1.0965*(0.025*12*1.084),2))/12
 
Upvote 0
Solution

Forum statistics

Threads
1,224,829
Messages
6,181,218
Members
453,024
Latest member
Wingit77

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