Product formula help

  • Thread starter Thread starter txsharla
  • Start date Start date
T

txsharla

I want to mathmatically link a column of monthly returns (percentages) like
this:

(1+b2)*(1+b3)*(1+b4)*(1+b5)-1 (where b2=3.05%, b3=2.54% etc...)

I know there are other ways of doing this longhand but I'm looking for the
formula to simpifly my work. Thanks!
 
Thanks, Jacob, but that's not quite right. Here are the actual returns:

-1.78%
0.48%
1.60%
-0.68%
-1.86%
-1.53%
-8.59%
-6.56%
-2.19%
-2.08%
1.03%
0.08%

The answer is -20.39% (doing it longhand). Any other ideas?
 
Jacob's formula is perfect; since you have more data points than indicated in
your original post, you need to edit the range in the formula to match your
data:

=SUMPRODUCT(PRODUCT(B2:B13+1))-1

Putting your actual returns in B2:B13, I got the same result you did by
computing it manually and by using the above formula.

Hope this helps,

Hutch
 
You're absolutely right, Tom & Jacob. I must have included an incorrect range
when I initially tried the formula. Thanks so very much!
 
okay.. so maybe I am invisible....

Right now, and for about the last week, yes, you are invisible if you post a
reply to a message that was posted through the MS web interface and *you are
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I'm also invisible as are a large number of the regulars that post here. The
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--
Biff
Microsoft Excel MVP


NBVC said:
T. Valko;554076 said:
Right now, and for about the last week, yes, you are invisible if you
post a
reply to a message that was posted through the MS web interface and
*you are
not using the MS web interface*.

I'm also invisible as are a large number of the regulars that post
here. The
system is broken and has been for about a week. MS does know about it.

--
Biff
Microsoft Excel MVP



Office Discussion' (http://www.thecodecage.com))

Thanks Biff.. I thought I had bad B.O or something ;)


--
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