Please Note: This article is written for users of the following Microsoft Excel versions: 97, 2000, 2002, and 2003. If you are using a later version (Excel 2007 or later), this tip may not work for you. For a version of this tip written specifically for later versions of Excel, click here: Displaying a Number as Years and Months.

Displaying a Number as Years and Months

by Allen Wyatt
(last updated November 25, 2015)

Robert has a formula that determines the payback period for certain investments. For instance, with $20,000 investment in energy-savings equipment and an annual energy savings of $3000, the simplistic payback period to recoup the investment is 6.6667 years. Robert wonders how he can make this payback period (6.6667) show as years and months instead of as a decimal number.

This can be done by simply multiplying the portion of the answer at the right of the decimal point by 12, which results in a number of months. Here is one way to get the desired result, assuming that the payback result is in cell A1:

=INT(A1) & " years / " & INT((A1-INT(A1))*12) & " months"

With the value 6.6667 in cell A1, the formula would return "6 years / 8 months".

ExcelTips is your source for cost-effective Microsoft Excel training. This tip (6960) applies to Microsoft Excel 97, 2000, 2002, and 2003. You can find a version of this tip for the ribbon interface of Excel (Excel 2007 and later) here: Displaying a Number as Years and Months.

Author Bio

Allen Wyatt

With more than 50 non-fiction books and numerous magazine articles to his credit, Allen Wyatt is an internationally recognized author. He  is president of Sharon Parq Associates, a computer and publishing services company. ...

MORE FROM ALLEN

Finding Related Words

One part of the grammar tools provided with Word is a thesaurus that helps you find all sorts of word variations. One type of ...

Discover More

Displaying Blanks when Summing to Zero

If you use fields to sum the information in your table columns, you might want to display a blank when the sum is zero. The ...

Discover More

Creating a Shape

Ever wanted to create a simple drawing in your worksheet? Excel has made this simple. This tip explains how Excel uses ...

Discover More

Create Custom Apps with VBA! Discover how to extend the capabilities of Office 2013 (Word, Excel, PowerPoint, Outlook, and Access) with VBA programming, using it for writing macros, automating Office applications, and creating custom applications. Check out Mastering VBA for Office 2013 today!

MORE EXCELTIPS (MENU)

Alerts About Approaching Due Dates

You may use Excel to track due dates for a variety of purposes. As a due date approaches, you may want that fact drawn to ...

Discover More

Converting European Dates to US Dates

Those in Europe use a date format that is different than those in the US; this is not news. But what if you need to convert ...

Discover More

Calculating Averages by Date

When you have a huge amount of daily data to analyze, you may want to calculate an average of values for any given date in ...

Discover More
Subscribe

FREE SERVICE: Get tips like this every week in ExcelTips, a free productivity newsletter. Enter your address and click "Subscribe."

View most recent newsletter.

Comments for this tip:

There are currently no comments for this tip. (Be the first to leave your comment—just use the simple form above!)

This Site

Got a version of Excel that uses the menu interface (Excel 97, Excel 2000, Excel 2002, or Excel 2003)? This site is for you! If you use a later version of Excel, visit our ExcelTips site focusing on the ribbon interface.

Subscribe

FREE SERVICE: Get tips like this every week in ExcelTips, a free productivity newsletter. Enter your address and click "Subscribe."

(Your e-mail address is not shared with anyone, ever.)

View the most recent newsletter.

Links and Sharing
Share