Forum Discussion
FUNCTION ASSISTANCE NEEDED
DSTOMPS The workbooks attached by mathetes and by me show where to insert a new column and which formulas to enter.
For my example:
- Insert an empty column in column G.
- Enter the text Adjusted property value in G1.
- Enter the text Adjusted Loan-to-value ratio in L1 (column L is now the first unused column).
- Enter the formula =MIN(K2,75%) in L2, then fill down to the last used row, for example by double-clicking the fill handle in the lower right corner of L2.
- Enter the formula =(D2+E2)/L2 in G2, then fill down to the last used row.
- For rows in which the Loan-to-value ratio was already less than or equal to 75%, the Adjusted property value will be the same as the original property value; it will only be different for rows with a Loan-to-value ratio above 75%.
After a bit of thinking, I arrived at a slightly different method, but using helper columns just like mathetes. Without the helper columns, you'd end up with circular references.
I first calculated the adjusted loan-to-value ratio, then calculated the adjusted property value from that.
This is neither better nor worse than mathetes's method, just arriving at the same result in a different order.
VBA could be an alternative, but it would erase the steps taken to arrive at the new values.
DSTOMPS The workbooks attached by mathetes and by me show where to insert a new column and which formulas to enter.
For my example:
- Insert an empty column in column G.
- Enter the text Adjusted property value in G1.
- Enter the text Adjusted Loan-to-value ratio in L1 (column L is now the first unused column).
- Enter the formula =MIN(K2,75%) in L2, then fill down to the last used row, for example by double-clicking the fill handle in the lower right corner of L2.
- Enter the formula =(D2+E2)/L2 in G2, then fill down to the last used row.
- For rows in which the Loan-to-value ratio was already less than or equal to 75%, the Adjusted property value will be the same as the original property value; it will only be different for rows with a Loan-to-value ratio above 75%.
I appreciate the greater simplicity of the MIN function to modify those that are over 75%. Good job,
