I have attached a file where I need to know the monthly growth rate for sales reps. I have attached a file with one reps #'s....I for my life cannot figure out how to enter a formula with an exponential figure. I beleive the formula for an annual (or monthly growth rate) is as follows:
CAGR (Compound Annual Growth Rate) = ((V(tn)/V(to)) to the (1/tn-to) -1
whereby V(tn) = finish value,
V(to) = Start value
tn-to = number of years (months)
I may be complicating this way too much, please help me learn how to use a formula with exponential numbers!!!
Thanks Very Very Much!!!! Excel worksheet Attached.
SG ECV and Pipeline Forecasting Data - V1.xlsx