RRI()

Description

Returns the interest rate needed for an investment to reach a specific value within a given number of periods..

How To Use in Sheets

RRI(number_of_periods, present_value, future_value)

External Links

Google Sheets RRI Function | Calculate CAGR (Compound Annual Growth Rate) | Google Sheets Functions

Use the Google Sheets RRI function to calculate the Compound Annual Growth Rate (CAGR) of an investment over a time frame. The RRI function returns the average rate of return of an investment. CAGR requires that the returns are reinvested and interest is compounded once a year.

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