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How to make an exponential series?
I want to make the following computation in the example cells below;
Highlight the three cells where I entered my formula; Drag down until 300,000 equals zero (or near zero). a1=300,000-(49*150*1.05^0) a2=a2-(49*150*1.05^1) a3=a2-(49*150*1.05^2) The problem i am having is showing a series of exponential increases. I need 1.05 (which is 5%) to increase each year. Please advise. Sirsoto |
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