First, thank you for looking at this post and any and all help you can offer.

Is there a formula to calculate escalation?
Say I have a price of $1,000, the average increase is 4.5% per year and I
want to escalate the 1000 over a 10 year period. Could this be done? I'm
trying to find the result for each year and then separately for year 10.

Thank you for your help
Joe