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Cost of Goods in Previous Years

  1. 01-15-2010, 06:56 PM #1
    kwallace43
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    Cost of Goods in Previous Years

    I need help figuring out a good formula for calculating the cost of a good in prior periods. If the good cost $99 in 2009, how much would it cost in 2004, 2003, etc. assuming 3% inflation.
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  2. 01-15-2010, 07:22 PM #2
    pike
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    Re: Cost of Goods in Previous Years

    Hi kwallace43
    what is the basic formula you have?

    c1=B1+(B12*A1)
    where A1 = -3%
    B1 = $99
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  3. 01-15-2010, 07:40 PM #3
    shg
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    Re: Cost of Goods in Previous Years

    Like this: 
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