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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
Remove row labels from pivot table A common query relating to Pivot Tables is how to remove row labels from pivot tables. This often happens when your report format is in the COMPACT format and in the top left cell you … Continue reading
IRR vs Net Profit Understanding the relationship of IRR vs Net Profit is important when analysing the results of a financial model. Although both have their merits it can be confusing which one is correct. Net Profit is typically just measuring … Continue reading
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