Creating a Compound Table for a Variable Term

tsroque

Board Regular
Joined
Jan 19, 2007
Messages
126
Office Version
  1. 365
Hi!

This is NOT an compound interest question. I need to create a compound formula or table to reach a desired answer.

EXAMPLE:
So if I need to decrease 50 by 20%, 3 times (variable)
------------------------
1) 50 x .8 = 40
2) 40 x .8 = 32
3) 32 x .8 = 25.6
------------------------
Answer: 25.6

What is given is 50 (B4), 0.8 (B8) and 3 (B9)
B9 is my variable. It could change to ANY number, but I need the formula to ONLY calculate THAT many times.

What is the best way to do this?
 

Excel Facts

Which came first: VisiCalc or Lotus 1-2-3?
Dan Bricklin and Bob Frankston debuted VisiCalc in 1979 as a Visible Calculator. Lotus 1-2-3 debuted in the early 1980's, from Mitch Kapor.

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