At 17:33 14/02/2015 +0000, Ronnie Ronly wrote:
I wanted to take a fixed dollar amount, an average of percentages
and the dollar amount from the sum of the average. In other words: I
am given $39,583.73 and based on 4.29% I receive $1,698.50
(Curr. Fmt) (% FMT)
Column A Column B Column C
2.30
3.10
...
$39,583.73 =AVERAGE(B1:B11) =SUM(A13*B13)
Er, so what is the question, please?
This example:
Where $39,583.73 is cell A13
Your currency vales in column A should be entered as numbers, without
the $ sign or the comma (and not as text), and formatted as Currency.
Is that what you have?
Where =AVERAGE(B1:B11) is cell B13 & should display 0.0429090909
The average of the numbers you have supplied is 4.29, of course, not
0.429 - which is 4.29%. The best way to handle column B is to format
the column *first* as Percent and then enter the values as numbers -
2.30 and so on - so that the display is 2.30% but the actual
numerical value stored will be 0.023 and so on: the actual fractions
that you need. If these were genuinely formatted as Percent you would
see % signs, so it seems that you have not done this.
Where =SUM(A13*B13) is cell C13 ...
I understand =A13*B13 - but you are trying to sum this with nothing!
SUM() means "add all these up", not just "please do a calculation for
me". Use just =A13*B13 .
... & should display $1,698.50
If you do as above and format column C (or just cell C13) as
Currency, that is indeed what you should see.
I trust this helps.
Brian Barker
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