Calculating the expansion fee in Excel is a invaluable ability for analyzing knowledge and understanding developments over time. It measures the proportion change between two or extra knowledge factors and can be utilized to evaluate the efficiency of investments, companies, and different metrics.
To calculate the expansion fee in Excel, you should use the method: ((New Worth – Outdated Worth) / Outdated Worth) 100. For instance, if an organization’s income will increase from $100,000 to $120,000 over a 12 months, the expansion fee can be ((120,000 – 100,000) / 100,000) 100 = 20%. This means a 20% progress in income over the 12 months.
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