Monthly Growth Rates

patriciacostello

New Member
Joined
Aug 26, 2023
Messages
1
Office Version
  1. 365
Platform
  1. Windows
How do I calculate what my monthly growth rate needs to be in order to hit an annual goal? The two numbers that I have are my first month’s starting revenue and the annual sum I’m targeting. The standard CMGR formulas do not apply since I am using an annual goal vs a "latest month". Thanks in advance.
 
Last edited by a moderator:

Excel Facts

Who is Mr Spreadsheet?
Author John Walkenbach was Mr Spreadsheet until his retirement in June 2019.
Try Goal seek under the What if Analysis on the Data Ribbon
 
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