hi just wondering if someone could help?
example todays cost £100 + 5% = £105 + 5% = £110.25 + 5% = £115.76 + 5% =
121.55 and so on is there a formula for doing the above in one cell?
any help appeciated
Paul
hi just wondering if someone could help?
example todays cost £100 + 5% = £105 + 5% = £110.25 + 5% = £115.76 + 5% =
121.55 and so on is there a formula for doing the above in one cell?
any help appeciated
Paul
Hi
The formula would be 100*1.05 to the power of the number of years you
require.
With £100 in A1, 5% in B1, 10 (or number of years) in C1 then in D1
=A1*(1+B1)^C1 will yield your result.
You can then alter the rate or number of years very easily by changing B1
and C1
--
Regards
Roger Govier
"Unionjack jackson" <Unionjack jackson@discussions.microsoft.com> wrote in
message news:977AC678-E9DC-4444-9DCF-BBCF55353044@microsoft.com...
> hi just wondering if someone could help?
>
> example todays cost £100 + 5% = £105 + 5% = £110.25 + 5% = £115.76 + 5% =
> 121.55 and so on is there a formula for doing the above in one cell?
>
> any help appeciated
>
> Paul
One way:
=100*(1+5%)^4
or
=100*1.05^4
In article <977AC678-E9DC-4444-9DCF-BBCF55353044@microsoft.com>,
"Unionjack jackson" <Unionjack jackson@discussions.microsoft.com>
wrote:
> hi just wondering if someone could help?
>
> example todays cost £100 + 5% = £105 + 5% = £110.25 + 5% = £115.76 + 5% =
> 121.55 and so on is there a formula for doing the above in one cell?
>
> any help appeciated
>
> Paul
There are currently 1 users browsing this thread. (0 members and 1 guests)
Bookmarks