Calculate the adjustment factor based on base value, adjustment rate, and time period
Learn how to use the Adjustment Factor Calculator and its working principles
The Adjustment Factor Calculator uses compound interest formula to calculate how a value changes over time with a constant adjustment rate. The formula used is:
Adjustment Factor = Base Value × (1 + Adjustment Rate/100)^Time Period
This formula assumes that the adjustment is compounded annually. For example, if you have a base value of $1000, an adjustment rate of 5%, and a time period of 3 years, the adjustment factor would be:
Adjustment Factor = $1000 × (1 + 0.05)^3 = $1157.63
The final value is simply the adjustment factor, which represents the new value after applying the adjustment over the specified time period.
This calculator can be used in various scenarios including: