How to Calculate Compound Annual Growth Rate (CAGR) in Excel

How to Calculate Compound Annual Growth Rate (CAGR) in Excel

The compound Annual Growth Rate is an investment's mean annual growth rate over a given period. Excel has eased the process of computing CAGR. It is expressed in annual percentage terms. However, there is no direct function of computing CAGR in excel. But instead, several ways and workarounds can be used to compute the CAGR.