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. | ||||||||
ExampleSumLGAnnM.xls |