compound annual growth rate

MATT67

New Member
Joined
Jul 22, 2002
Messages
4
Hi,

I need to work out a compund annual growth rate over a number of years.

Eg Year 1 is $100, Yr 2 is $200, Yr3 is $800 - what is the CAGR for the 3 years.

I urgently need an answer to this if possible.
 

Excel Facts

What is =ROMAN(40) in Excel?
The Roman numeral for 40 is XL. Bill "MrExcel" Jelen's 40th book was called MrExcel XL.
Use the RATE function:

=RATE(2,,-100,800) = 182.8%

or

=(800/100)^(1/2)-1 = 182.8%

The years are one less than in the series.
 
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