|Stepped Rate Projections category (30 functions)|
|Project using a stepped or changing level of payment|
|Stepped Rate Projections work along similar principles to Constant Rate Projections except that the rate changes over time in a series of distinct steps, giving rise to stream (of, say, cashflow) that changes in level in a staircase-like manner.|
Stepped Rate Projections are very widely used "building block" functions for budgeting and business planning. They are useful for a wide variety of applications, including projecting a sales forecast, interest rate changes, rent etc.
There are 4 families, reflecting the different ways projections can be "stepped":
Families in the Stepped Rate Projections category