Thank you. I had been using the RATE function, but for some reason it wasn't
working. The problem seems to be when you use a time parameter less than 1
year. Sometimes that works and sometimes it doesn't. I don't know why that
is.

"Fred Smith" wrote:

It's as easy as 1-2-3. Simply use the Rate function.

Regards,
Fred

"WEBB" wrote in message
...
Excel wants to give me the XIRR function, but that requires a specific
data
layout, which is not always appropriate. I want to calculate a Compounded
Annual Rate of Return, by inputting the start value, end value and number
of
years. Lotus made this very easy. Excel makes it very hard. Help