Excel MS Excel formula query.

[Alex Wilson]

I would be grateful if somebody MS Excel 2003 installed could help me with the CUMIPMT formula.

In the Excel Help section in answer to a search for CUMIPT it gives two examples of the use of the formula, the second of which gives an answer of -11135.23.

I copied the example faithfully: < =CUMIPMT(A2/12,A3*12,A4,13,24,0) > is my copy-and-paste of my input; and got an answer of -1125000.00.

What am I doing wrong?

Thanks so much,

Alex

 

[muckshifter]

Dunno what you is doing wrong ...


http://support.microsoft.com/kb/71952