Returning a cell's value based on a condition

Status
This thread has been Locked and is not open to further replies. Please start a New Thread if you're having a similar issue. View our Welcome Guide to learn how to use this site.

chetmorrell

Thread Starter
Joined
Sep 27, 2017
Messages
28
Hello,

I'm trying to enter a formula that returns a value when a loan balance is paid off. I've attached a spreadsheet that shows the costs and revenues of a project and the corresponding loan balance. It's very basic, but I'm trying to see if there is any formula that will return the Month that corresponds to the loan being paid off. I've been trying to use an "if" formula and when the loan balance is <0, but i don't know how to do it with just one cell. Let me know if anyone has ever done anything like this.

Thanks,
Chet
 

Attachments

Joined
Jul 9, 2018
Messages
561
First Name
Jack
Hello chetmorrell,

Assuming that you are going to plug a month name in your "Month 1 - 12" cells. You could try the following:
=IF(B17+C15>=0,C14,B17+C15)

Good luck,


Chawbacon
 
Status
This thread has been Locked and is not open to further replies. Please start a New Thread if you're having a similar issue. View our Welcome Guide to learn how to use this site.

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

As Seen On
As Seen On...

Welcome to Tech Support Guy!

Are you looking for the solution to your computer problem? Join our site today to ask your question. This site is completely free -- paid for by advertisers and donations.

If you're not already familiar with forums, watch our Welcome Guide to get started.

Join over 807,865 other people just like you!

Latest posts

Top