CAGR()

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