I have the Date of Joining, Basic Salary and increment - of an employee
I want to find out the exact salary she/he received on 1st January 2015
DOJ - 31-05-1995 - Increment - 10% - Basic Pay - 20,000

I know its easy to find out using the Auto fill feature of Microsoft Excel, but I need a formula to find out the amount without using the feature.

The answer is following
₹ 20,000
₹ 22,000
₹ 24,200
₹ 26,620
₹ 29,282
₹ 32,210
₹ 35,431
₹ 38,974
₹ 42,872
₹ 47,159
₹ 51,875
₹ 57,062
₹ 62,769
₹ 69,045
₹ 75,950
₹ 83,545
₹ 91,899
₹ 101,089
₹ 111,198

I need to find the last value (111,198) without dragging down, but - by using a formula. Please HELP!!!