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Unionjack jackson
 
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Default Percentage increase

hi just wondering if someone could help?

example todays cost £100 + 5% = £105 + 5% = £110.25 + 5% = £115.76 + 5% =
121.55 and so on is there a formula for doing the above in one cell?

any help appeciated

Paul
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Roger Govier
 
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Hi

The formula would be 100*1.05 to the power of the number of years you
require.

With £100 in A1, 5% in B1, 10 (or number of years) in C1 then in D1
=A1*(1+B1)^C1 will yield your result.

You can then alter the rate or number of years very easily by changing B1
and C1

--
Regards
Roger Govier
"Unionjack jackson" <Unionjack wrote in
message ...
hi just wondering if someone could help?

example todays cost £100 + 5% = £105 + 5% = £110.25 + 5% = £115.76 + 5% =
121.55 and so on is there a formula for doing the above in one cell?

any help appeciated

Paul



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