Errata: If your quarterly turnover is in A1, use:
=FV(A1,4,0,-1)-1

Fred

"Fred Smith" wrote in message
...
If you annual turnover is in A1, use:
=FV(A1,4,0,-1)-1

Regards,
Fred

"Caz H" wrote in message
...
Hi All
Does anyone know the formula to calculate the annual turnover rate based
on
a current quarterly percentage???

Thanks

Caz