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Which function to use to equate to an Excel CAGR formula as there is no in build compound annual growth rate function.
In this example we have the sales figures for a five year period, and what we want to know is what constant growth rate, results in the sales figure going from about 8700 to 18700. We would like to us the Excel CAGR formula.
We can use the RATE function to find this out, so
It is always useful to prove your calculations, so what we want to see is whether our interest rate grows steadily to the end amount, so what we can say is
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Sum only visible cells, put m2 into a cell, changing away from R1C1 format If we have helped you before with some of our tips and tricks, please forward this link to your friends and suggest they subscribe. If we have … Continue reading
Summing, Counting, or Averaging visible cells only in Excel Often when you use tools like filter, grouping or hiding rows in Excel you want to be able to do the summing, counting or averaging of the visible cells only. Alternatively … Continue reading
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