Note: In order to use the spreadsheet examples, you need to download Business Functions | ||||||||
| SumLGAnnM (TermYrs, AnnGrowthRate, [GrowRevsPerYrOpt]) | ||||||||
| The sum of a linearly growing annuity, taking into account the number of changes in rate per year. | ||||||||
| Sum of an linearly growing annuity (growth annually in arrear), where more than one payment is made per year. | ||||||||
Example | ||||||||
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