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Time until target met

  1. #1
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    Excel 2003,2008
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    Time until target met

    Hi,

    I currently need to discover how long until a disk will become full based around 10% annual growth of the current data. I currently have the current data size and the remaining available space.

    Used Space: 238323
    Available Space: 314368

    I need to know how many years growth is remaining at 10% growth per year of the used space. The used space should grow year on year and the result should tell me how many years until complete.

    I would ideally like to do this in a single formula without having to add multiple arrays of data to calculate it.

    Many Thanks,

    Marcus

  2. #2
    Valued Forum Contributor
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    05-20-2013
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    Re: Time until target met

    B1 = Used Space (text in A1)
    B2 = Available Space (text in A2)
    B3 = Annual Growth Rate (text in A3)
    A4 --> Years Remaining
    B4 --> =ROUNDDOWN(LN((B1+B2)/B1)/LN(1+B3),0)

    Answer should be 8 (years).

    Remove the ROUNDDOWN function if you want answer in decimal rather than whole years.
    Last edited by jhren; 06-24-2015 at 01:43 PM.

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