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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
Text footer excel A number of clients have queried the text footer excel limits on the number of characters allowed. For example, if you want to include some terms and conditions as a footer to all printed pages you will … Continue reading
Format painter graph excel A useful trick when using Excel charts or graphs is a format painter graph. Excel allows you to use the format painter on cells by simply clicking on the icon. For graphs it is slightly different. … Continue reading
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