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If your business makes investments in equipment and employee benefit contributions, you may need to track the average annual rate of return over a span of time for financial reporting obligations.
Calculating CAGR or Compound Annual Growth Rate in Microsoft Excel is super easy. You will have to use the RRI function to get the job done.
What I am trying to do is to create an Excel spreadsheet that has all of these transactions listed and be able to calculate my rate of return for all of my investments.
The Rule of 72 is a shortcut or rule of thumb used to estimate the number of years required to double your money at a given ...
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