Cash denomination calculator in Excel
To calculate required currency denominations, given a specific amount, you can build a currency calculation table as shown in the example. This solution uses the INT and SUMPRODUCT functions. Formula =INT((amount-SUMPRODUCT(denoms,counts))/currentdenom) Explanation In the example show, the formula in D5 is: =INT(($B5-SUMPRODUCT($C$4:C$4,$C5:C5))/D$4) How this formula works To start off, the formula in C5 is: =INT($B5/C$4) This formula divides …