Method to calculate interpolation step value in Excel

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Method
to calculate interpolation step value in Excel

Summary
The
following Microsoft Excel formula performs linear interpolation by calculating
the interpolation step value
=(end-start)/(ROW(end)-ROW(start))
where end is the cell address of the larger
number, and start is the cell address of the smaller
number. 



Interpolation is a method used to determine a
present or future value factor when the exact factor does not appear in either
a present or future value table. Interpolation assumes that the change between
two values is linear and that the margin of error is insignificant.
More information
To
create a sample linear interpolation formula, follow these steps:
1.      
Type the following values in a worksheet:
2.     A1: 9          B1: =(A7-A1)/(ROW(A7)-ROW(A1))
3.     A2: =A1+$B$1
4.     A3:
5.     A4:
6.     A5:
7.     A6:
8.     A7: 11
9.      
Select cells A2:A6. On the Edit menu,
point to Fill,
and then click Down. The formula is filled down, and the
following values are displayed in cells A2:A6:
10.   A2: 9.33333
11.   A3: 9.66667
12.   A4: 10.
13.   A5: 10.33333
14.   A6: 10.66667
                                      

NOTE: You
must type the reference to the step value in cell B1 as an absolute reference
(with dollar signs).
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