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J Sedoff comRemove> J Sedoff comRemove> is offline
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Default Compound Average Annual Growth Rate

What is the CAGR formula (I don't believe I've heard of it before)? Have you
looked at the formulas provided under the "Financial" category in the "Insert
Function" window?

Is it something like the following?
ISPMT(rate,per,nper,pv)

- Rate is the interest rate for the investment.
- Per is the period for which you want to find the interest, and must be
between 1 and nper.
- Nper is the total number of payment periods for the investment.
- Pv is the present value of the investment. For a loan, pv is the loan
amount.

Jim
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