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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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New Online Data Cleanup Course, Repair Corrupt Files, tables slowing Excel down, Excel and BI In this issue: Next Advanced Excel course dates 12-16 Oct, 9-13 Nov Beginner Excel Course Dates- Next 12 Feb 2016 Data Cleanup online Course In … Continue reading
Data table slowing down Excel Data tables are a great feature in Excel but it can be the cause of Excel slowing down during operations and resulting in the closing of a file taking lots of time. Data table slowing … Continue reading
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