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Calculating rents and months past in 1 cell???

 
 
=?Utf-8?B?UmljYXJkbyBCYXJyb3Nv?=
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      28th Jun 2006
Hi,

I´m making a Worksheet to calculate the Residual Value of car at the time
the worksheet is open.
So i have colums with the "inicial date of the contract", "Final date of the
contract", "the monthly rent", and the "car value when purchased".
With this colums i need to calculate the value of the car at today date.

This columm as to do this:

"Value of the car when Purchased" - (MINUS) "rents payed since the begining
of the contract until todays date".

How can i make excel calculate this.

Sincerely

 
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Bearacade
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      28th Jun 2006

To find out the number of months, you would use this formula...

=(YEAR(NOW())-YEAR(A1))*12+MONTH(NOW())-MONTH(A1)

What you need to do is put ="Value of the car when purchased"-("th
monthly rent"*(YEAR(NOW())-YEAR(A1))*12+MONTH(NOW())-MONTH(A1)

Make sure you format the cell as genera

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