garylundblad
Member
I am trying to build an Excel calculator that will show the future value of an investment based on regular monthly deposits, but I want the deposits to increase each year slightly. For example, start with $100/month for the first year, then increase that by 5% for the next 12 months, $105/month, etc..., for a certain variable number of months, at an input interest rate. I will enter any starting investment, the starting amount per month, the percent to increment each year, the number of months, the rate of return, and the compounding frequency, although I could just use monthly if adding this variable makes the calculations too complicated.
Thank You!
Gary
Thank You!
Gary