[TABLE="width: 500"]
<tbody>[TR]
[TD]Projected price Inflation [/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Date [/TD]
[TD]Rate [/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2019[/TD]
[TD]5%[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2020[/TD]
[TD]5.5%[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2021[/TD]
[TD]6%[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2022[/TD]
[TD]6.5%[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Price amount by unit[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Date [/TD]
[TD]Amount [/TD]
[TD]Desired result [/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2019[/TD]
[TD]1,000[/TD]
[TD]1000 x 5%[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2020[/TD]
[TD]1,200[/TD]
[TD]1,200 x 5.5[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2021[/TD]
[TD]1,500[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2022[/TD]
[TD]2,000[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
</tbody>[/TABLE]
I want to multiple the price amount by the projected estimated rate for each year. example if the date is greater than January 1, 2019 multiply 1,000 by 5% if the date is greater than January 2020 to multiply 1,200 by 5.5% etc. Which Excel function is the best to do this kind of calculation for large amount of data like this.
Thank you very much for your help and time.
<tbody>[TR]
[TD]Projected price Inflation [/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Date [/TD]
[TD]Rate [/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2019[/TD]
[TD]5%[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2020[/TD]
[TD]5.5%[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2021[/TD]
[TD]6%[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2022[/TD]
[TD]6.5%[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Price amount by unit[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]Date [/TD]
[TD]Amount [/TD]
[TD]Desired result [/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2019[/TD]
[TD]1,000[/TD]
[TD]1000 x 5%[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2020[/TD]
[TD]1,200[/TD]
[TD]1,200 x 5.5[/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2021[/TD]
[TD]1,500[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD]1/1/2022[/TD]
[TD]2,000[/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[/TR]
</tbody>[/TABLE]
I want to multiple the price amount by the projected estimated rate for each year. example if the date is greater than January 1, 2019 multiply 1,000 by 5% if the date is greater than January 2020 to multiply 1,200 by 5.5% etc. Which Excel function is the best to do this kind of calculation for large amount of data like this.
Thank you very much for your help and time.