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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
What is PowerPivot PowerPivot is a new ‘free’ tool available in Excel 2010 and Excel 2013 (be careful as it currently does not work in all versions of these two). International experts believe this is a quantum leap in Excel … Continue reading
Powermap Introduction If you make use of Excel 2013 then you should seriously look at getting the free PowerMap add in that allows you to visualise information using a map as the background. As a quick example we used the … Continue reading
Adrian was really good. He explained everything really professionally- Bookkeeper.– Excel Testimonials
It dealt with my daily challenges at work- IS Management Accountant.
There was nothing I did not like about the workshop. Adrian was fantastic- Accountant.