Monthly increase

Elmo9

New Member
Joined
Apr 1, 2020
Messages
6
Office Version
  1. 365
Platform
  1. Windows
I need a formula in my excel sheet that increases in value by 2.16 every month.
e.g. if cell A2 is "5" in January it must automaticly be "7.16" the first of February and "9.32" the first of March and so on.
Is there any formula to make this happen?
If a parameter to get yesterdays month existed I could use =IF(MONTH(TODAY())>MONTH(YESTERDAY()),A2+2.16,A2 to do so but the MONTH(YESTERDAY()) does not exist to my knowledge...
Any help is welcome
 

Excel Facts

Format cells as currency
Select range and press Ctrl+Shift+4 to format cells as currency. (Shift 4 is the $ sign).

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