Syntax
Growth(Expression)
Description
Calculates a value in any given year using a growth rate from the previous year's value (exponential growth). Because it references a previous year's value, this function is only available when editing scenarios.
Examples
Growth(0.05) or Growth(5%)
Evaluated from a Current Accounts value of 100 in 2000
2001 = 105.00
2002 = 110.25
If the water use rate is growing annually by 3%, but will start to decline at a rate of 1% per year once you implement water-saving measures in 2012, the expression would be:
If( Year < 2012, Growth(3%), Growth(-1%) )
See Also
ExpForecast, GrowthAs, GrowthFrom, Interp, LinForecast, LogisticForecast, Smooth, Step