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Future Value Array Formula
I have to calculate the future value of several cost items that occur
from 2009 to 2013. Assume all costs are incurred Jan 1 of each respective year. The current year is 2013. Does anyone know how to do this? Here's a sample of what my data looks like: D E F G H Year 2009 2010 2011 2012 2013 74 cost 1 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 75 cost 2 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 I tried using the following formula but it did not work: FV(8%,2013- (D73:H73),,-(D74:H74)) Any help would be appreciated. AJ |
Future Value Array Formula
If the yearly amount is always the same, it's a simple FV formula:
=fv(8%,5,d74,,1) The same for the other rows. If your amount changes yearly, post back. Regards, Fred. "AdmiralAJ" wrote in message ... I have to calculate the future value of several cost items that occur from 2009 to 2013. Assume all costs are incurred Jan 1 of each respective year. The current year is 2013. Does anyone know how to do this? Here's a sample of what my data looks like: D E F G H Year 2009 2010 2011 2012 2013 74 cost 1 $2,000,000 $2,000,000 $2,000,000 $2,000,000 $2,000,000 75 cost 2 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 I tried using the following formula but it did not work: FV(8%,2013- (D73:H73),,-(D74:H74)) Any help would be appreciated. AJ |
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