simple interest calc

[surtur]

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.

[danjacoby]

Start * (1 + (yrs * interestrate/100))

[surtur]

Dan,

Again, thank you so much!!!