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Old March 1st 17, 04:43 PM posted to microsoft.public.excel.misc
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Default Annual Escalator's and Total Contract Value

I am trying to find a way to find my total contract value on a deal that has a 3% escalator on the anniversary of the contract every year.

Monthly Value: 5,000
Escalator: 3%
Contract Term: 48 months
Escalator: every 12 months

I can use the following formula to give me the ending value of the contract but i am looking for something to give me the total contact value

=(MonthlyValue*(1+Escalator)^((Term)/12))

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