Levels Over Time Projections are similar to Instantaneous Level Projections, with one important difference. Whereas Instantaneous Level Projections deal with the level of something happening at a single date (and in this way they are really just a lookup), Levels Over Time Projections deal with the Level of something over the course of the prevailing timeperiod. This means that there is more than one of way to determine such a level, which the functions in this category allow. The level could, for instance, be the average level over the period, or it could be the prevailing level at the beginning or the end. |