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SarahAnne
I am trying to calculate the Growth in Deposit for years 3,4,5,6... with
inflation added in and increasing the 100,000 every year.
Here is all of the information given:
Initial Deposit 100000
Annual Dposit 250000
Gorwth of Deposit 3%
Start Year 3
End Year 6
Account Growth 6%
Tax Rate on Growth 30%
I already have a spreadsheet with the Year, Beg. of Year Balance,
Deposit (This column is not filled in) and then the balance.
HELP! I don't know the formula for this at all... Any suggestions
Sarah
inflation added in and increasing the 100,000 every year.
Here is all of the information given:
Initial Deposit 100000
Annual Dposit 250000
Gorwth of Deposit 3%
Start Year 3
End Year 6
Account Growth 6%
Tax Rate on Growth 30%
I already have a spreadsheet with the Year, Beg. of Year Balance,
Deposit (This column is not filled in) and then the balance.
HELP! I don't know the formula for this at all... Any suggestions
Sarah