Mod6 av3

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Mod6 av3

  1. 1. Module 6A COMPOUND GROWTH RATE CALCULATION OBJECTIVE: This program finds the compound growth rate given the quantity in the first period, the quantity in the last period and total number of periods. It also projects the quantity if the same growth rate continues over a specified number of periods. INPUTS (will appear in blue): The first period quantity (E23), the last period quantity (E24) and the number of periods (E25) need to be entered. In addition, after the growth rate is obtained, this program can calculate the projected quantity for additional periods if the same growth rate continues. For this calculation, enter the number of additional periods in cell E33. CALCULATING COMPOUND GROWTH RATE Sample data have been entered as an example. FIRST PERIOD QUANTITY: 5000 LAST PERIOD QUANTITY: 12700 NUMBER OF PERIODS: 10 COMPOUND GROWTH RATE: 9.77% PROJECTING LAST PERIOD QUANTITY AT CGR NUMBER OF PERIODS: 5 PROJECTED QUANTITY: 20240

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