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I am working on the following problem and i am stuck. In the income
statement workseet, project the revenue in years 2 through 4 by interpolating the increase in revenue between Year 1(3,500,000) and Year 5 (5,200,000), assuming a growth trend. The resulting five-years revenue projection should fill the range B7:F7 |
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"Big Wave" wrote:
project the revenue in years 2 through 4 by interpolating the increase in revenue between Year 1(3,500,000) and Year 5 (5,200,000), assuming a growth trend. The resulting five-years revenue projection should fill the range B7:F7 I think you are saying that you want to compute the annual compound growth rate, then use it to estimate the intermediate years. If B7 is 3,500,000 and F7 is 5,200,000, then put the following into C7 and copy across through E7: =B7*(1+rate(4,0,-$B$7,$F$7)) HTH. |
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