Hello,
I have tuition fees laid out for 4 years (Variables Fee_YR_01-Fee_YR_04) starting current year (Fee_YR_01). Variables Increase_YR_01-Increase_YR_04 in the sample dataset shows the proposed tuition fee increase rate (in percent) based on the previous year. I want to calculate the future tuition based on this proposed tuition increase rate (in the new variables Fee_New_YR_02 - Fee_New_YR_04). I want a dynamic solution for this calculation. Thank you all.
My data set looks like this:
data have;
input Fee_YR_01 Fee_YR_02 Fee_YR_03 Fee_YR_04 Increase_YR_01 Increase_YR_02 Increase_YR_03 Increase_YR_04;
datalines;
1000 1050 1100 1150 0 20 20 20
1000 1070 1100 1150 0 20 20 20
3000 3100 3150 3200 0 15 15 15
3000 3200 3200 3300 0 15 15 15
4000 4150 4200 4250 0 15 15 15
4000 4200 4300 4350 0 15 15 15
;
RUN;
This is the output I want:
| Fee_New_YR_02 |
Fee_New_YR_03 |
Fee_New_YR_04 |
| 1200 |
1260 |
1320 |
| 1200 |
1284 |
1320 |
| 3450 |
3565 |
3622.5 |
| 3450 |
3680 |
3680 |
| 4600 |
4772.5 |
4830 |
| 4600 |
4830 |
4945 |
Calculations: Fee_New_YR_02=Fee_YR_01 * 1.2 (increased by 20%)
I have shown you a small set of data. But I have 150 variables for tuition fees and 150 variables for the tuition rate increase. So I need help on how to do it dynamically.