Hi gang, I need help with a formula if somebody with an enormous brain and generous heart has some spare time.(adsbygoogle = window.adsbygoogle || []).push({});

I need to work out what 9% of $60,000 ($5400) invested annual at 7% (net of fees and taxes) would grow to in 30 years,with the $60,000 increasing by 3% inflation each year(so the figure that 9% amounts to grows each year).

There is also a starting balance of $100,000.

I then need to be able to alter that 9% and make it 12% to see what the difference would be in the result.

If anybody can help a maths knucklehead such as myself that would be wonderful.

Thanks ... Nick.

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# Inflation-complicated compound interest

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