RRI Function in Excel: Equivalent Annual Growth Rate (CAGR)

⏱ 1 min readUpdated 28 September 2026

FinancialLevel: IntermediateAvailable in: Excel 2013+

In this article
  1. Syntax
  2. Examples
  3. Example 1
  4. Related functions

RRI returns the constant growth rate needed to go from a start value to an end value — i.e. CAGR in one function.

Syntax

=RRI(nper, pv, fv)
Argument What it means
nper Number of periods (years).

Examples

Example 1

=RRI(5, 1000000, 1800000)

Revenue from ₹10L to ₹18L in 5 years: about 12.5% CAGR.

POWER · RATE · XIRR

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