Try this:
Set A2 and A3 to "Date" format.
A5 = A1*(1+A4)^((VALUE(A3)-VALUE(A2))/365)
Hope it helps.
Ciara Wrote:
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
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Morrigan
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