Calculating CAGR or Compound Annual Growth Rate in Microsoft Excel is super easy. You will have to use the RRI function to get the job done. ... Type =RRI(A7,B2,B7) as the function, for example.

Sketching your formulas on paper or in a simpler Excel sheet can help you visualize data flow and reduce errors. Tools like Lucidchart or a flowchart within Excel help map the stages of your formula ...