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Charging Interest as different Groupings / Bands for Money on Deposit

Tommy_Alterax
8 - Asteroid

HI Guys,

 

I need to workout how much money earned at different interest rates - The interest rate received depends what range it sits in ;

 

So below I would need Alteryx to see the 200 and that 165 of this is charged at 2% (change balance of money column to 165 - currently at 200)

Do the Math and Pass 35 onto Tier 2 - Balance of Month in Tier 2 = 35 and loop in like that 

 

 

TierBalance Of MoneyLower LimitUpper LimitInterest Rate
120001652%
201652204%
3022099999996%

 

 

Desired outcome after Alteryx would look something like this (below) - The Balance of Money Column is the critical column I need to show how much money sits in each Tier - HEEELLLLLPPPPPP !!!!!!!!

TierBalance of MoneyLow LimitUp LimitBal Carried Down New TierInterest RateRunning Total Daily Balance
11650165352%165
23516522004%200
3022099906% 

 

 

 need this to keep looping through the tiers also , It can loop into Tier 3 

 

4 REPLIES 4
FinnCharlton
13 - Pulsar

Hi @Tommy_Alterax , here's a way to do it with multi-row formula tools. Give it a test and make sure it performs like you want:

 

image.png

Tommy_Alterax
8 - Asteroid

This is amazing - U are a very very intelligent person - Thank you so much !!!!!!! 

Tommy_Alterax
8 - Asteroid

Hey I found a problem with your workflow - If I chance Balance of Money to 240 (in the text input)

 

Then I get a running total of 260 ? not sure why - I was just testing out some scenrios

 

TierBalance Of MoneyLower LimitUpper LimitBal Carried Down New TierInterest RateRunning Total Daily Balance
11650165752%165
275165220204%240
32022099999906%260
Tommy_Alterax
8 - Asteroid

I think this fixes it in the formulae tool - highlighted in yellow 

 

 
 

Alx.PNG

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