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Excel CAGR formula

Excel CAGR formula
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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.

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Excel CAGR formula

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

Handy Tips & Tricks

Excel Functions Portuguese English

Excel functions Portuguese English With lots of Excel users making use of the product in other languages it is useful to understand what the formula are called in both English and the alternate language. For this page we are showing … Continue reading

Excel for secretaries

Excel for secretaries- material for the Joburg Secretaries Day Conference Based on our presentation to the┬áJoburg Secretaries Day Conference, we have provided the video links to the training material below. This material is ideal for anyone who wants to learn … Continue reading

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