Forms :: Worksheet That Calculate Balance Remaining At The End Of Each Monthly Payment Period

Mar 3, 2014

I'm currently stuck on trying to create a worksheet which calculate the balance remaining at the end of each Monthly Payment Period.

Monthly Payment Period: 1 to 300

Initial Balance: balance outstanding at the beginning of the Monthly Payment Period.

Interest: calculated by multiplying the Initial Balance by the APR (5%) divided by 12

Balance Remaining: calculated by adding the Interest and subtracting Total Monthly Payment.

The final Balance Remaining should be exactly £0.00.

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Modules & VBA :: Monthly Payment - Create A Worksheet Which Calculate Balance

Mar 3, 2014

I'm currently stuck on trying to create a worksheet which calculate the balance remaining at the end of each Monthly Payment Period.

Monthly Payment Period: 1 to 300

Initial Balance: balance outstanding at the beginning of the Monthly Payment Period.

Interest: calculated by multiplying the Initial Balance by the APR (5%) divided by 12

Balance Remaining: calculated by adding the Interest and subtracting Total Monthly Payment.

The final Balance Remaining should be exactly £0.00.

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-----------------------------------
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