Inflation

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Guest

What formula should I use to calculate vacation cost over 10 years at 3%
inflation.
 
A1: Vacation cost
A2: Inflation %
A3: Time Period

=A1*(1+A2)^A3

HTH
Jason
Atlanta, GA
 
If cell A1 contains the first year's cost, then the formula is =A1*1.03^9.
(Note that 9 and not 10 is the incremental years, 10-1=9).

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Ken Russell

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..
 
I think I phrased the question wrong. Instead, what is the total cost of the
inflation after 10 years. The calculation below figures the inflation for the
10th year.
Thanks
 
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