Progress fee is a measure of how rapidly a amount is growing or lowering 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 a couple of other ways to compute development fee.
One technique to compute development fee in Excel is to make use of the GROWTH perform. The GROWTH perform takes two arguments: the ultimate worth of the amount, and the preliminary worth of the amount. The perform then returns the expansion fee as a share.