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Time Value of Money Question

  1. #1
    Registered User
    Join Date
    01-13-2009
    Location
    New York, NY
    MS-Off Ver
    Excel 2003
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    1

    Time Value of Money Question

    Hi, I am looking for help on a formula that will calculate the following.

    The basic goal is to be able to input a number that has grown over time at an irregular daily rate and find the original value.

    For example: If the value today (1/13/2009) were 1000 and over time it grew at the following rate.

    1/10/2009 5%
    1/11/2009 -2%
    1/12/2009 3%

    What would be the best way to calculate the value on 1/10/2009, but relatively easy enough to update daily?

    Thanks for your help!

  2. #2
    Forum Expert shg's Avatar
    Join Date
    06-20-2007
    Location
    The Great State of Texas
    MS-Off Ver
    2003, 2010
    Posts
    40,678
    Take a look at the GROWTH function and post back if you need more help.
    Entia non sunt multiplicanda sine necessitate

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