FormulaCraft

RRI

RRI calculates the per-period growth rate needed for an investment to grow from a present value to a future value in a given number of periods, essentially the CAGR formula. Use it to benchmark investment performance or compare growth across different assets.

Excel
=RRI(5,1000,1500)
Google Sheets
=RRI(5,1000,1500)

Verified example

Computed by a real spreadsheet engine on the sample data below.

PeriodsPVFV
510001500
320002800
1050009000
730006000

=RRI(5,1000,1500)0.0844717712

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Sample data — click any cell to edit

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How it works

  1. 1Provide the number of periods (e.g. years), the starting present value, and the ending future value.
  2. 2Enter =RRI(nper, pv, fv) to get the per-period growth rate.
  3. 3Format the result as a percentage to display the CAGR.

Need a version for your data?

Try: “What CAGR did my investment achieve if it grew from $1,000 to $1,500 over 5 years?

Related

Written and reviewed by FormulaCraft Team. Each formula on this page is run through our verification engine before publishing.

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