Hi,
I have an excel file where I need to create two columns. Each column has formulas that are interdependent on the other column.
The excel file looks like this -
Payment No. | PIK Interest | PIK Accrual | Ending Principle |
- | - | - | 110000000 |
32 | 4% | 391111 | 110391111 |
90 | 4% | ||
90 | 4% | ||
90 | 4% | ||
90 | 4% | ||
90 | 4% | ||
90 | 4% | ||
90 | 4% | ||
90 | 4% |
"PIK Accrual" Column is calculated as (110000000*0.04*(32/360)) which equals to 110000000 whereas,
"Ending Principle" Column is calculated as (391111+110000000) which equals to 110391111.
That is, to calculate "PIK Accrual", we need to have the prior row of "Ending Principle" populated and to calculate "Ending Principle", we need to have the active row of "PIK Accrual" populated.
Please Note : Only the starting value of "Ending Principle" (i.e., 110000000) is given in the data set as shown above.
I have attached the excel file with the formula for your reference.
Solved! Go to Solution.
Hi @Sonali_25
I was just beaten to it by @afv2688 however, I went the more straight forward way (not necessarily any better) of two multi-row formulas.