have used some Algebra type formuals here which are a lot more simpler
than
what i have used.

If you are looking for the Formula:

=(10%*5000)/((10%+1)^5-1)

-818.89

--
HTH :)
Dana DeLouis
Windows XP & Excel 2007


"Shailendra Harri" wrote in
message ...
Dear BJ,

Thank you for the prompt response, however your suggestion returns first
payment 147.30 when the result should be 818.99. I think we on the right
track here, but somehow the function is not 100% correct. Also it seems
you
have used some Algebra type formuals here which are a lot more simpler
than
what i have used. Can you please explain your logic so that i can
understand
this.
--
Thank you in advance


"bj" wrote:

assuming you want a ten percent increase each year based on that years
payment
to get the first payment
=5000/sumproduct(1.1^(row(A1:A5)-1)))
to get the second payment
=1.1* this cell
and so forth

"Shailendra Harri" wrote:

Does anyone know of a function that can provide the the starting
payment and
the subsequent payments thereafter to reach a total as defined.

Example:
Total payments must be 5000 over 5 years. The increase rate is 10%
every
year, so what will the starting payment be.

I have been able to figure this out using Algebra type mathematical
formula's in excel, however i believe there must be a function that can
very
easily achieve this more quickly. The field Total payments, no of
payments
and increase rate is known, while the unknown is the starting payment
and the
payments subsequent to that.
--
Thank you in advance
Shailendra Harri