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rcortese
 
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Default How to calculate future cost of roof

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
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bpeltzer
 
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Default How to calculate future cost of roof

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

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Lewis Clark
 
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Default How to calculate future cost of roof

=5000*(1.04)^30

This will be in future dollar terms, not current dollars.

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"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
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Default How to calculate future cost of roof

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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