Calculate A Compound Annual Growth Rate (CAGR)

If you're familiar with business metrics or taken a business strategy course, you may have come across CAGR. It's a derived number to is used to average out the growth rate of a product or investment over a span of time. There is actually a formula that you can do by hand to calculate CAGR, but why do that when you have Excel! See the video to learn how to calculate compounded annual growth rate (CAGR) with a formula and ALSO create your own function in Excel.