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Hi All,
I want to do the following, £100,000 grows at 9% per year, 12% per year is paid out for 10 years, what is the final value? I know i can build this up over a number of cells but this is a very small part of a very large and complicated set of formulae, so i need a one cell answer, please can anyone help. Thanks Emma |
#2
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Hi,
There is no simple function for this, but you should look at FV. A few points - 12% per year as yearly payouts or as monthly payouts? Most things are done on a monthly basis. 12% of that current years value or the ending value? Is the 12% removed before the 9% is calculated or the reverse? -- If this helps, please click the Yes button Cheers, Shane Devenshire "Emma Hope" wrote: Hi All, I want to do the following, £100,000 grows at 9% per year, 12% per year is paid out for 10 years, what is the final value? I know i can build this up over a number of cells but this is a very small part of a very large and complicated set of formulae, so i need a one cell answer, please can anyone help. Thanks Emma |
#3
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Hi Shane,
If you note the subject of my post, i know about the FV formula & the associated functions. I also know, you can't use a variable payment in this formula as standard, i was hoping someone would have a workaround. As for the other questions, my final function is going to be a lot more complicated, sometimes each will be daily, weekly, quarterly etc, and it is quite possible that the growth rate & payment will be on different periods. All i'm trying to do is work out, if anyone has got any kind of workaround that means i can use a percentage as the payment, the rest i can sort out afterwards. Emma |
#4
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On Jan 27, 6:30*am, Emma Hope
wrote: I want to do the following, £100,000 grows at 9% per year, 12% per year is paid out for 10 years, what is the final value? Take a look at the first year to be sure I understand you correctly. After the first year, we have: 100000*(1+9%)*(1-12%) = 95920. Right? If so, then: =fv((1+9%)*(1-12%)-1,10,0,-100000) |
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