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Want to increase number by 1% each year for first 3 years and the thereafter
ther will be no increase for next 4 years

I suppose you have somewhere the actual number of years. If so and I
understood you well

=A1*1.01^IF(B1lt;=3,B1,3)

where A1 contains the number to be increased
B1 contains the actual number of yearsRegards,
Stefi

?itin gupta??ezt ?rta:

gt; Want to increase number by 1% each year for first 3 years and the thereafter
gt; ther will be no increase for next 4 years

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