Hi
I have a data which consist of current value 10000 increase values ie 10% . years 5 years.
If the current value is 10000 if there is 10% increase everyone years what is the value after 5 years.
I need excel formula for this
Thanks
Webmax
Hi
I have a data which consist of current value 10000 increase values ie 10% . years 5 years.
If the current value is 10000 if there is 10% increase everyone years what is the value after 5 years.
I need excel formula for this
Thanks
Webmax
"A2" is 10000 "B2" is percentage 10
"C2"Formula:
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First year 11000
"A3" is 11000 "B3" 10 same formula as above upto 5 years
atul
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Hi,
I need the formula in that i want to know after 5th year what is the value.
Regards
Webmax
What answer you expected.
Try:
=FV(10%, 5, 0, -10000)
Note the sign for 10000. Inflows (10000) and outflows (FV) must have opposite signs.
I arbitrarily chose minus sign for inflows because I usually like the result of "time value" functions (PV, FV, PMT, etc) to be positive.
Using mathematical equation, =10000*(1+10%)^5
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