Development fee is a measure of how rapidly a amount is growing or lowering over time. In Excel, you should use the GROWTH operate to calculate the expansion fee of a knowledge collection. The GROWTH operate takes three arguments: the beginning worth, the ending worth, and the variety of durations.
The next instance reveals how one can use the GROWTH operate to calculate the expansion fee of a knowledge collection that represents the gross sales of a product over time. The information is in cells A2:A7.