Hello all,
I'm looking to create a formula that will decrease a percentage applied each year by a 2.5%. For example, to start or year 0, 50% is applied. In Year 1 this is reduced 2.5% to 47.5%, in year 2 there is a further reduction of 2.5% to 45%. This continues until the percentage applied reaches 25% (for 2.5% it happens to be 10 years, but at different percentages the number of years to reach 25% will change). Rather than manually type in the percentage applied for each year, I'd like to create a formula that will calculate the percentage for me.
Below is a snap shot of what my table needs to look like.
[TABLE="width: 572"]
<colgroup><col width="84" style="width: 63pt; mso-width-source: userset; mso-width-alt: 3072;"> <col width="61" style="width: 46pt; mso-width-source: userset; mso-width-alt: 2230;" span="10"> <col width="65" style="width: 49pt; mso-width-source: userset; mso-width-alt: 2377;"> <tbody>[TR]
[TD="class: xl67, width: 84, bgcolor: transparent"]Year:[/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 0 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 1 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 2 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 3 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 4 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 5 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 6 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 7 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 8 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 9 [/TD]
[TD="class: xl68, width: 65, bgcolor: transparent"] YEAR 10 [/TD]
[/TR]
[TR]
[TD="class: xl67, bgcolor: transparent"]Percentage:[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]50.00%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]47.50%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]45.00%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]42.50%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]40.00%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]37.50%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]35.00%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]32.50%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]30.00%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]27.50%[/TD]
[TD="class: xl69, width: 65, bgcolor: transparent"]25.00%[/TD]
[/TR]
</tbody>[/TABLE]
Many thanks!
I'm looking to create a formula that will decrease a percentage applied each year by a 2.5%. For example, to start or year 0, 50% is applied. In Year 1 this is reduced 2.5% to 47.5%, in year 2 there is a further reduction of 2.5% to 45%. This continues until the percentage applied reaches 25% (for 2.5% it happens to be 10 years, but at different percentages the number of years to reach 25% will change). Rather than manually type in the percentage applied for each year, I'd like to create a formula that will calculate the percentage for me.
Below is a snap shot of what my table needs to look like.
[TABLE="width: 572"]
<colgroup><col width="84" style="width: 63pt; mso-width-source: userset; mso-width-alt: 3072;"> <col width="61" style="width: 46pt; mso-width-source: userset; mso-width-alt: 2230;" span="10"> <col width="65" style="width: 49pt; mso-width-source: userset; mso-width-alt: 2377;"> <tbody>[TR]
[TD="class: xl67, width: 84, bgcolor: transparent"]Year:[/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 0 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 1 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 2 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 3 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 4 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 5 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 6 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 7 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 8 [/TD]
[TD="class: xl68, width: 61, bgcolor: transparent"] YEAR 9 [/TD]
[TD="class: xl68, width: 65, bgcolor: transparent"] YEAR 10 [/TD]
[/TR]
[TR]
[TD="class: xl67, bgcolor: transparent"]Percentage:[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]50.00%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]47.50%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]45.00%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]42.50%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]40.00%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]37.50%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]35.00%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]32.50%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]30.00%[/TD]
[TD="class: xl69, width: 61, bgcolor: transparent"]27.50%[/TD]
[TD="class: xl69, width: 65, bgcolor: transparent"]25.00%[/TD]
[/TR]
</tbody>[/TABLE]
Many thanks!