Our compensation rates are built on "steps" and each step is 4.5% so if an
employee was to get two steps I would calculate their current salary times
4.5% round then multiply that answer by 4.5% and round again. I'm trying to
write a formula so the user can enter the number of steps and Excel will
calculate the new salary but I don't know how to get the calculation to
repeat, can any body help?