I need to be able to calculate the yearly projected amount of money I will pay each month for hosting data. I am okay with assuming a constant rate of growth and I know exactly how much I pay per GB. I have a way to calculate this... I just want to know if there is a shorter way.
Right now I do this to calculate cost for 1 year:
B14 = monthly rate of growth
B15 = Cost per month
=((B14)+(B14*2)+(B14*3)+(B14*4)+(B14*5)+(B14*6)+(B14*7)+(B14*8)+(B14*9)+(B14*10)+(B14*11)+(B14*12))*B15
Is there a function that makes this easier?
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