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Calculate Accumulated Interest on an Account
Is this Principal__c * EXP( Interest_Rate__c * (YEAR(TODAY()) - VALUE(YearStarted))) formula supposed to be in a separate field , or appended to the IF(Principal__c < 10000, 0.02, IF(Principal__c >= 10000 &&
Principal__c < 100000, 0.03, 0.04)) formula. I feel that the directions aren't clear. Is all of this in one formula field or two. Thanks
Principal__c < 100000, 0.03, 0.04)) formula. I feel that the directions aren't clear. Is all of this in one formula field or two. Thanks
Same question here, I tried appending it to the other two fields but I get an error message. Create new field, "Calculated Interest on Account" no syntax errors but I don't see it working in action.
???
Thank you,
Orquidea