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Excel/INTEREST CALCULATION

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Question
Dear Sir,

i want to calculate interest from one date to another date. the amount is entered by user and the both dates are also provided by users.the interest should be calculated on basis of 365 days.

for Example: one date is 01-04-2013 and another date is 22-05-2013. and the Rate of interest is 15% per annul. so my calculation is Amount X 15% X  51 days/365 days.

Pls give Message box option so user can Enter the amount,Start Date & End Date. and Interest rate keep in backhand.

Rajiv

Answer
Rajiv,

this should get you started.  

Sub abc()
Dim amt As Single
Dim Startdate As Date
Dim Enddate As Date
Dim days as Long
amt = Application.InputBox("Enter Amount: ", "Amount", Type:=1)
Startdate = Application.InputBox("Enter Start Date:", "Start Date", Type:=1)
Enddate = Application.InputBox("Enter End Date: ", "End Date", Type:=1)
If Enddate < Startdate Then
 MsgBox "Incorrect dates"
 Exit Sub
End If
days = Enddate - Startdate
Debug.Print days
Results = amt * (days / 365) * 0.15
MsgBox "Results are: " & Format(Results, "$ #,##0.00")
End Sub

--
Regards,
Tom Ogilvy

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Tom Ogilvy

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Selected as an Excel MVP by Microsoft since 1999. Answering Excel questions in Allexperts since its inception in 2001. Able to answer questions on almost all aspects of Excel's internal capabilities. If seeking a VBA solution, please specify that in your question itself so I give you the answer you want. [Excel has weak protection - if you are distributing an application, I don't answer questions on how to protect your project from your users.]

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Extensive experience.

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Master of Science (MS) degree Operations Research (ORSA)

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Microsoft MVP in Excel.

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