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
Advanced Excel Course – June 2013 in South Africa Our next advanced excel course is running during June 2013 in Johannesburg. During the week of the 10th June we offer the following options. You can either attend the full 5 … Continue reading
A very popular chart is the waterfall chart which shows the impact of various items on a total e.g. the various components that explain the move from budgeted profit to actual profit. A common way to build this is using … Continue reading
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