understanding this formula

[l]

=IF(C3=0,0,(C3/(1-D3)))
C3= 945.26
D3= 45%

The answer is 1,718.65

This should be 945.26 + 45% - shouldn't it be 425.37

 

[JoAnn Paules]

Wrong newsgroup. Try posting it in an Excel group.

--

JoAnn Paules
MVP Microsoft [Publisher]

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