Aug 13 2017 12:23 AM
Hey there,
So what I am trying to do if figure out how to write a formula for an investment.
If each month I put $2500 in and then when that equals $50,000 it automatically purchases an investment and leaves the left over money until it reaches $50,000 again. At the same time it adds $700 each month to the amount that I am putting in.
Any help would be awesome.
thanks
Aug 13 2017 01:04 AM
Lawren,
it sounds like you are asking us to do your homework.
Besides it is not clear what the formula is supposed to calculate: amount or time?
Aug 13 2017 02:23 AM
lol. no its not homework i have been trying to figure this out for my self. with no luck so far. i want to know both the amount and time it will take in months.
Aug 13 2017 02:47 AM
Lawren,
it's simply adding and subtracting numbers.
See the file.