thanks in advance for your help.
i wanted to know if there is a function in excel that can calculate an
annual rate of return on reinvestments.
specifically: over a 1 year (12month) timeline. i need to figure out what
the annual return rate is if i start with $100 and make $10 every month, but
withdrawl the $10 in profit every month.

ex) january - $100 initial investment with $10 profit
withdrawl the $10 in profit so february - $100 initial investment and
$10 profit.
etc, etc.

end of year i have $120 in profit plus the $100 inital investment.

is there a function in excel that i can use to calculate my annual
reinvested rate of return?

thanks.