July 29, 200322 yr I need a calculation for 5% simple interest annually. (my previous post was for compound interest) The FM Financial calculation scripts don't seem to work for what I need, which is an increase of "x" per year, which is the same amount added every year based on 5% of the original amount. For example, if I have a starting "amount" 2000, "interest" 5% (.05), and "term" year. And should get this: Start 2000 x .05 = 100 Year 1* 2100 Year 2* 2200 Year 3* 2300 Year 4* 2400 ... Year 9* 2900 etc... *would actually be the anniversary of year 1, 2, ... Your help, yet again, is greatly appreciated.
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