Forum Discussion
touzels
Jan 16, 2020Copper Contributor
Calculate rate interest average
Hi,
Here's the problem
A (different funds) B (interest this year)
1000$ 5%
2000$ 10%
5000$ 13%
C (total portfolio) D (portfolio average interest)
8000$ ???
I'm trying to get the average interest rate. But the portfolio is not equally divived so I can't use the simple Average formula in Excel.
Thank you in advance
3 Replies
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- Gianluca PrincipatoBrass ContributorOr: =SUMPRODUCT(C2:C4,B2:B4)/SUM(B2:B4)
- Gianluca PrincipatoBrass ContributorYou can use the weighted average.