adding consumer price index and gst to an amount

robynl

New Member
Joined
Jun 14, 2018
Messages
4
Hi
I have this table and I need to add 10% GST and CPI of 3.1%. I know adding 10% to rent of 7300 equals 8030.
Then I'm lost - do I need to add GST to year 2 & 3 or is this already included from year1. If need to add GST plus CPI how do I do this.
I think for yearly rent I multiply by 12 - then how do I add GST to this
Very new to excel so any help would be appreciated:confused:



Year Monthly rent +10% GST Yearly Rent +GST
[TABLE="width: 500"]
<tbody>[TR]
[TD]1[/TD]
[TD]7300+[/TD]
[TD]


[/TD]
[/TR]
[TR]
[TD]2 (inc 3.1% CPI)[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]3 (inc 3.1% CPI)[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
</tbody>[/TABLE]
 

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I suspect that those items would be dictated by your rental agreement. Have you read over your rental agreement and what it stipulates.
 
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