Compounding Commission Pay in the same cell - Do not care about % rate I need the $$ amount Compounding
I want a number in a cell to compound monthly but stay in the same cell from 01-01-2015 Through 12-31-2026
Here is my example:
Sales representative sold a product and is getting commission for it:
They are getting $15 commission from selling the product on 01-01-2015.
When 02-01-2015 rolls around, the cell updates with $30
When 03-01-2015 rolls around, the cell updates with $45
ETC.
ETC.
all the way to 12-31-2026
Cells Referenced (see attached image)
b3 has $15
b4 needs to show $30 on 02-01-2015 automatically(without Human interaction)
See attached.
I want this to happen automatically.. Maybe using the =today() formula???? I am lost for words, and I have researched and talked to many friends about this subject and no one knows how to accomplish this.
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