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excel formula question
I am trying to create a formula where I have a yearly cost and I want to add
inflation adjustment each year over around 20 years and find the total cost for 20 years. Anyone know how to do that? Thank you. |
#2
Posted to microsoft.public.excel.misc
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excel formula question
Try
=1000*(1+3%)^20 Where 1000 is the present value 3% = inflation term 20 yrs Mike "crookedsoul108" wrote: I am trying to create a formula where I have a yearly cost and I want to add inflation adjustment each year over around 20 years and find the total cost for 20 years. Anyone know how to do that? Thank you. |
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