The Increase Rate Table library allows you to enter increase rates in table format for use in Projection Assumptions Increase Rates. There are no limits to the number of entries in the library.
The selection library displays any entries already set up. The Compare button allows you to compare two entries and will display a report of the two entries. To edit an existing entry double click on the entry. To add a new entry click on the New button.
Name is a text field in which to enter a description of the increase rate. This may be any descriptive phrase, including spaces.
The Calendar Year Dependent Rates table make use of a three-column spreadsheet interface. Complete a row for each increase rate. For example, if the rate is to increase in 2002 from 5% to 6%, then enter:
Note: Effective period runs to end of "To" year clarifies the effective period. The To column is filled in automatically, where the last rate will be used for the last year entered and all years thereafter.
(Note that if you enter 6 or more decimal places, you will see displayed a number rounded to 5 decimal places, but the number is retained to full precision for computation.)
