# 📈 Mastering the CAGR Formula in Excel: A Complete Guide
Introduction to CAGR and Its Importance The Compound Annual Growth Rate (CAGR) is a crucial financial metric that measures the average annual growth rate of an investment over a specific period. Unlike simple growth rates, CAGR provides a smoothed-out growth rate, making it ideal for analyzing investments, business revenues, or economic indicators. Investors, business owners,…