|Constant Rate Projections are about taking one or more constant rates and applying them to timeperiods, say a budget or cashflow projection. There are 3 families:|
Constant Rate Family
Constant Rate Market
- The basic Constant Rate family has its as its main building block the simple Con function, which just takes an annual rate and applies it between a Start and Finish date.
- The Constant Rate Periodic family has periodic, or repeating versions of the basic Constant Rate functions.
- The Constant Rate family goes on to apply this to various differing needs and situations. MultiCon just does several Cons at the same time (the Multi... feature), RePhaseCon enables you to move an amount from one part of cash flow to another with one function.
- The Constant Rate family also has functions that project a constant growing rate. They are still Constant Rate functions because the way they are changing is pre-ordained and smooth. These "constant but changing functions" are useful and popular and consist of ConGrow, its simpler relative ConGrowQ, it"s annual-growth-only relative AnnGrow, and the more unusual linear LinGrow.
Constant Rate Revenue
- The functions in this family have an InitialAnnRate after which the function, every so often according to RevMonthsOpt, refers to a forecast to get its value. As usual in Business Functions, there are two ways of specifying a forecast (using growth rates or a preset forecast) and therefore there are two functions: ConFcstMkt and ConGrowMkt.
- The ...Rev... feature indicates the functions apply a price to a production stream to calculate a revenue. Whenever the rate changes of price and production are not coincident, this calculation can be messy and the functions simply get it right, ensuring that each bit of production gets multiplied by the correct price.
- There are just two functions, for each of the two forecasting methods: ConRevGrow and ConRevFcst.