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Ciara
 
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Default compound interest formula

hello,

Ok, I have a material cost in cell A1 - todays date in A2, the date the
material will be delivered in A3, and an inflation value in A4 (%per annum).

I need a formula that will work out what the material will cost when the
material is delivered.

eg. costs £100 today at a rate of 5%per annum it will cost £105 next year
and £110.25 in two years.

All input values are in seperate cells and can vary. Also it will have to
cope with fractions of a year.

Any ideas?

Ciara