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Exponential Growth
Brilliant! :)
Out of curiosity - how did you learn this solution? "sebastienm" wrote: Hi, use the formula (replace each number by the cell address): =10*(1+2%)^5 Regards, Sebastien "simsjr" wrote: Hey, Ok, so I have the value "10" in one cell (representing sales), and "5" in another cell (representing number of days). Now, I want to plug in, say, the value 2% in yet another cell and have excel calculate the 2% as daily sales growth over the 5 days. Naturally, this means sales will grow exponentially at a rate of 2% per day. What I'd like to know is what function I would use to calculate this exponential growth and return the total number of sales during the 5 days in another cell. Make sense? |
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