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MS Office Forum / Excel / Worksheet Functions / October 2007

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Greg - 27 Oct 2007 19:35 GMT
I am working on a formula based on 5% growth per month.  I started out with
100 units in January and in February that number will be 105, and so on.  I
have a maximum number of 150 units I cannot exceed for a formula.  Is there
anyway to set this up as a growth rate per month and then stop the growth
once it hits 150 units?  Any help would be appreciated.
Sandy Mann - 27 Oct 2007 19:43 GMT
With 100 in D2, in D3 and below enter:

=MIN(150,D2*1.05)

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HTH

Sandy
In Perth, the ancient capital of Scotland
and the crowning place of kings

sandymann2@mailinator.com
Replace @mailinator.com with @tiscali.co.uk

>I am working on a formula based on 5% growth per month.  I started out with
> 100 units in January and in February that number will be 105, and so on.
[quoted text clipped - 3 lines]
> anyway to set this up as a growth rate per month and then stop the growth
> once it hits 150 units?  Any help would be appreciated.
Greg - 27 Oct 2007 20:04 GMT
Thank you Sandy.  One more question, how do I then include a CEILING function
to round up within this equation?  I cannot have .25 of a unit.  Thanks again!

> With 100 in D2, in D3 and below enter:
>
[quoted text clipped - 7 lines]
> > anyway to set this up as a growth rate per month and then stop the growth
> > once it hits 150 units?  Any help would be appreciated.
Sandy Mann - 27 Oct 2007 20:11 GMT
=MIN(150,CEILING(D2*1.05,1))

Signature

HTH

Sandy
In Perth, the ancient capital of Scotland
and the crowning place of kings

sandymann2@mailinator.com
Replace @mailinator.com with @tiscali.co.uk

> Thank you Sandy.  One more question, how do I then include a CEILING
> function
[quoted text clipped - 15 lines]
>> > growth
>> > once it hits 150 units?  Any help would be appreciated.
Greg - 27 Oct 2007 20:20 GMT
Am I able to reference the 150 from another cell?  For instance
=MIN(D3,CEILING(D2*1.05,1)), where D3 is the maximum?

> =MIN(150,CEILING(D2*1.05,1))
>
[quoted text clipped - 17 lines]
> >> > growth
> >> > once it hits 150 units?  Any help would be appreciated.
Niek Otten - 27 Oct 2007 20:27 GMT
Hi Greg,

Just try!

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Kind regards,

Niek Otten
Microsoft MVP - Excel

| Am I able to reference the 150 from another cell?  For instance
| =MIN(D3,CEILING(D2*1.05,1)), where D3 is the maximum?
[quoted text clipped - 20 lines]
| > >> > growth
| > >> > once it hits 150 units?  Any help would be appreciated.
Greg - 27 Oct 2007 20:32 GMT
I did, not work.  So then no...

> Hi Greg,
>
[quoted text clipped - 24 lines]
> | > >> > growth
> | > >> > once it hits 150 units?  Any help would be appreciated.
Gord Dibben - 27 Oct 2007 20:43 GMT
What is "not work"?

Either of these return the same value or a ceiling of 150

=MIN(150,CEILING(D2*1.05,1))

=MIN(D3,CEILING(D2*1.05,1))   when D3 contains 150

Isn't that what you wanted?

Gord Dibben  MS Excel MVP

>I did, not work.  So then no...
>
[quoted text clipped - 26 lines]
>> | > >> > growth
>> | > >> > once it hits 150 units?  Any help would be appreciated.
Sandy Mann - 27 Oct 2007 20:32 GMT
Yes but surely you would not want to use D3?  Are you not about to overwrite
D3 and that would give you a circular reference.  Pick another cell and make
the reference to it Absolute.  For example, if the cell with the Maximum
value that you want was E2 then make the formula in D3:

=MIN($E$2,CEILING(D2*1.05,1))

and copy down on the fill handle.

Signature

HTH

Sandy
In Perth, the ancient capital of Scotland
and the crowning place of kings

sandymann2@mailinator.com
Replace @mailinator.com with @tiscali.co.uk

> Am I able to reference the 150 from another cell?  For instance
> =MIN(D3,CEILING(D2*1.05,1)), where D3 is the maximum?
[quoted text clipped - 22 lines]
>> >> > growth
>> >> > once it hits 150 units?  Any help would be appreciated.
 
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