Need a formula for Annual increase

Hi everyone,
I have a requirement, where lets say, something costs $1000, and annually increases 10%. What would be the formula to use here?
Thanks
Umair

Hi,
960361 wrote:
Ok what I need, exactly, is this...
I have a product that costs $1000, and annually increases 10%. I need to show on one side, the year and on one side, the price of the product, as it increases... e.g.Do you want a 10% increase, or an increase of 100?
1000 2012
1100 2013
1200 2014
.....If the price changes from 1000 to 1100, that's a 10% increase.
If the price changes from 1100 to 1200, thats (roughly) a 9.09% increase.
If the price changes from 1200 to 1300, thats (roughly) a 8.33% increase.
If the price changes from 2000 to 2100, thats a 5% increase.
If the increase is always 100, it may start at 10%, but the percentage will get smaller every year.
If the increase is always 10%, it may start at 100, but the amount will get larger every year.
Choose which one you want. The query below displays both:
`     YEAR UP_10_PCT     UP_100
      2012   1000.00       1000
      2013   1100.00       1100
      2014   1210.00       1200
      2015   1331.00       1300
      2016   1464.10       1400
      2017   1610.51       1500
      2018   1771.56       1600
      2019   1948.72       1700
      2020   2143.59       1800
      2021   2357.95       1900As Justin said, there's no need for PL/SQL, but you can use it if you want to.

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