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
2014 World Cup Spreadsheet With the draw for the Brazil 2014 Soccer World Cup over, we have updated our 2014 World Cup Spreadsheet. As with the other prediction spreadsheets we have created for sport events, you will be able to … Continue reading
Excel round to nearest 1000 Most people are aware of how to use the ROUND functions to round numbers to various decimal levels e.g. 5.5678 to either 5.568 or 5.57 or 5.6 or 6 depending on what you specify the … Continue reading
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