CAGR()
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Revision as of 05:04, 25 October 2011 by Yvonne.milne (Talk | contribs)
Purpose
Function to calculate compound annual growth rate
Syntax
CAGR(<expN1>,<expN2>,<expN3>)
See Also
FV(), LOG10(), PAYMENT(), PI(), PMT(), PV()
Description
The CAGR() function calculates compound annual growth rate where the present <expN1> is the starting figure, the future <expN2> is the target figure at the end of the period, and years <expN3> is the growth period in years.
Example
? cagr(5000,10000,5) 0.15
Products
Recital Server, Recital
