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In cell B2 u have a monetry value, in C2 it increases 2.5% in cell D2 it
increases a further 2.5% ansd so on for 10 years, In other words it adds on 2.5% evry year.I currently do it manually, is there an easy formula that I could use to do this so that I would just put a value in B2 and have it do this. B2 Value In C2 value +2.5% In D2 value +5% In E2 value +7.5% continuing this increase of 2.5% to L2 thanks |
#2
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If you really want simple interest (no compounding) use in C2:
=$B$2*(1+2.5%*COLUMN(A2)) Copy across the row For compounding use =B2*(1+2.5%) -- Bernard V Liengme www.stfx.ca/people/bliengme remove caps from email "S S" wrote in message . uk... In cell B2 u have a monetry value, in C2 it increases 2.5% in cell D2 it increases a further 2.5% ansd so on for 10 years, In other words it adds on 2.5% evry year.I currently do it manually, is there an easy formula that I could use to do this so that I would just put a value in B2 and have it do this. B2 Value In C2 value +2.5% In D2 value +5% In E2 value +7.5% continuing this increase of 2.5% to L2 thanks |
#3
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Ok thanks that works .
"Bernard Liengme" wrote in message ... If you really want simple interest (no compounding) use in C2: =$B$2*(1+2.5%*COLUMN(A2)) Copy across the row For compounding use =B2*(1+2.5%) -- Bernard V Liengme www.stfx.ca/people/bliengme remove caps from email "S S" wrote in message . uk... In cell B2 u have a monetry value, in C2 it increases 2.5% in cell D2 it increases a further 2.5% ansd so on for 10 years, In other words it adds on 2.5% evry year.I currently do it manually, is there an easy formula that I could use to do this so that I would just put a value in B2 and have it do this. B2 Value In C2 value +2.5% In D2 value +5% In E2 value +7.5% continuing this increase of 2.5% to L2 thanks |
#4
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SS -- Another approach:
A B 1 Init $ 2 1 =$b$1*(1.025^a2) 3 2 copy down Or you could set up the interest rate in C1 and use: =$B$1*((1+$C$1)^A2) to modify the interest rate as you go. HTH "S S" wrote: Ok thanks that works . "Bernard Liengme" wrote in message ... If you really want simple interest (no compounding) use in C2: =$B$2*(1+2.5%*COLUMN(A2)) Copy across the row For compounding use =B2*(1+2.5%) -- Bernard V Liengme www.stfx.ca/people/bliengme remove caps from email "S S" wrote in message . uk... In cell B2 u have a monetry value, in C2 it increases 2.5% in cell D2 it increases a further 2.5% ansd so on for 10 years, In other words it adds on 2.5% evry year.I currently do it manually, is there an easy formula that I could use to do this so that I would just put a value in B2 and have it do this. B2 Value In C2 value +2.5% In D2 value +5% In E2 value +7.5% continuing this increase of 2.5% to L2 thanks |
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