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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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A common requirement from Excel users is to merge multiple csv files into a single file for use in Excel. In this post we show a very effective way that makes use of the old DOS (you may not even … Continue reading
Excel users typically like to colour cells to highlight certain items. The problem is once you have all the cells highlighted, you will inevitably need to count or add them. There is currently no SUMIF, COUNTIF, AVERAGEIF that works on … 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.