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Cash Flow by Quarter and Payment Schedule Form

Cash Flow by Quarter and Payment Schedule Form

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Instructions and help about Cash Flow By Quarter And Payment Schedule

in this video we're going to explore using the equal mod function to calculate quarterly interest payments one of the challenges you will encounter building monthly bed schedules is the need to calculate and show interest expense in each month and then reflect the payment of interest at the end of the quarter to clarify fro 31 shows the monthly interest expense calculation but it does not reflect an actual payment the row beneath it is the actual payment the company makes to its lender since interest is often paid quarterly we need to write a formula that will return the sums value of these three months at the end of the quarter often what I see is some variation of this formula it's an if statement that uses or for the logical test which permits including multiple logical tests what this is saying then is if any of these logical statements are true then return the sum in this array and it works because the logical tests are all looking for a month number that reflects

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