Progress fee is a measure of how shortly a amount is growing or reducing over time. It’s calculated by dividing the change within the amount by the unique amount, and is often expressed as a share. In Excel, there are just a few alternative ways to compute development fee.
One strategy to compute development fee in Excel is to make use of the GROWTH operate. The GROWTH operate takes two arguments: the ultimate worth of the amount, and the preliminary worth of the amount. The operate then returns the expansion fee as a share.