» Calculating the Remaining Credit after Each Purchase
CATEGORY - Excel Formula and Function
VERSION - All Microsoft Excel Versions
Problem: Calculating the credit that remains after each purchase is made.
Once the credit limit (stored in cell B1) is exceeded, zero is to be returned for all further purchases.
Solution:
Use the MAX and SUM functions in the following formula:
=MAX(0,$B$1-SUM($A$4:A4))
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