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John D, Engineering Consultant

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an Excel formula problem calculate growth of an investment,

Resolved Question:

an Excel formula problem: calculate growth of an investment, with a regular/consistent gain each year, but with a exspense deduct every year. Example: invest $1000, it grows 12%, but then there is a 2% exspense deducted each year. Does Excell have a formula to calculate this? Have Excel 2010, and Win 7.

Your answer// net growth, 12$ an -@% NO not the same. add 12%, then subtract 2% of that number. the result becomes the $$ invested next year, and begin again

Ok this is the modified formula which returns the growth of a $1000 investment over a period of 10 years at 12% annual interest and 2% expense deduction

=FV(0.12,10,,-1000*0.98)

Please try it and let me know if you have any questions

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