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how to calculate the average growth rate in excel. End of year 2 value 145000. The RATE function is made for much more than just CAGR.
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The RATE function is made for much more than just CAGR. Here is the syntax of the function. There are several ways to calculate CAGR in Excel.
Select cell C3 by clicking on it by your mouse.
Calculating CAGR in Excel Using the RATE Function In this case RATE function can calculate the CAGR when you provide the time period beginning value and the ending value. Calculate Average Annual Growth Rate in Excel. Our example is broken up into 3yr 5yr and 10 year increments. In Excel 2013 and later the simplest way is to use the RRI function.
