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Cumulative labor calculation
Please forgive my indolence (and perhaps slothfullness). Communal work is
the best. I have a salary for 2008. I want to calculate a 3.5% increase, year over year, until 2013. Any slick way to do this? Not Good Good 2008 480,658.00 2009 497,481.03 497,481.03 2010 514,304.06 514,892.87 2011 531,127.09 532,914.12 2012 547,950.12 551,566.11 2013 564,773.15 570,870.92 I found the current year's ordinal from 2008 and multiplied this by .035, added a 1 and it looked good (not). I realized that it was not an accumulation, but rather based on the original salary. Many thanks. |
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