Annualized percentage returns

[options]

QUESTION: What is the ANNUALIZED percentage return please on £100,000 to £10Million in 9 months.

 

[Hoggums]

100k to 10M is 9900% - which is 167% per month which equates to 46315%pa

(100^(1/9))^12

 

[options]

100k to 10M is 9900% - which is 167% per month which equates to 46315%pa

(100^(1/9))^12

Thank you for that Hoggums. How did you manage to work it out so quickly? I was struggling with it.

 

[options]

Is there anyone who disagrees with Hoggums?

I only ask, because I don't think it is quite right. I am coming up with differing answers.

 

[arabianights]

I'd do ((((10m/100k)^(4/3))/10m)-10m)*100% to get an answer of 36400% annualised.

 

[zambuck]

http://www.gummy-stuff.org/petrovski.htm

Just type the values in box for returns in %ge