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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
Copy excel cell without changing formula Occasionally you may want to override Excel’s natural temptation to adjust cell references when you copy and paste, and just copy the existing formula as they are, with no changes to where they refer … Continue reading
CPD Courses Based on our presentation to CPD Courses – Gauteng (see photos on Google+ or Facebook), below are the links to the appropriate video clips and downloads mentioned during the presentations, and the additional material provided. If you want … Continue reading
It was most interesting and filled with very useful and relevant tricks and tools that one can start to use immediately. The course was well constructed with a logical flow to be able to reference information easily in the take home materials, with exercises covering many different scenarios.– Hyatt Hotels