Beginning Claim Payments Expenses Return Premium Profit Share Taxes End of Period Avg Annual Balance Interest Investment Return
I have the above and want to compute the investment return which is intereest x avg annual balance.
Wrote the following UDF:
Sub udf_investreturn()
End Sub
Function investreturn(rate, beginning) For i = 1 To 10 average_bal = beginning + ending / 2 investreturn = average_bal * rate Next i End Function
But my investment return is slighly off. Why?
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