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What do I use for a formula to calculate the future replacement cost of a
roof. Todays cost = $5000.00 Inflation Rate of 4% per year Cost of replacement 30 years in the future |
#2
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Check the FV ('future value') function.
"rcortese" wrote: What do I use for a formula to calculate the future replacement cost of a roof. Todays cost = $5000.00 Inflation Rate of 4% per year Cost of replacement 30 years in the future |
#3
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=5000*(1.04)^30
This will be in future dollar terms, not current dollars. -- "rcortese" wrote in message ... What do I use for a formula to calculate the future replacement cost of a roof. Todays cost = $5000.00 Inflation Rate of 4% per year Cost of replacement 30 years in the future |
#4
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rcortese wrote:
What do I use for a formula to calculate the future replacement cost of a roof. Todays cost = $5000.00 Inflation Rate of 4% per year Cost of replacement 30 years in the future Based on your parameters: =fv(4%, 30, 0, -5000) |
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