Annual to quarterly growth rate

Okay, I feel slightly retarded as I should know this BUT:

I have annual revenue numbers: let's assume 100 in 2007 and 105 in 2008. I want to calculate what the quarterly growth rate was in each quarter. I thought CAGR would do the trick, but then I realized I was wrong. Annual growth is obviously 5%, so

(1+0.05)^0.25-1=1.23% quarterly, right?

Now that's all great but I can only use 1.23% if I'm grossing up 100 by 1.23% four times to get to 105. But how do I get to the percentage growth on a quarterly basis? If I assume Q4 '07 revenue of 25 (one fourth of 100), how do I calculate the percentage growth for each quarter to get 2008 revenue of 2005? I know how to goal seek it but I need a formula as I need to run this calc many times over.

Thanks a bunch for any help!!!

4 Comments
 

Sed quo praesentium qui magnam quibusdam quibusdam sed. Minima sed reprehenderit blanditiis aut. Deleniti numquam omnis pariatur quidem asperiores quo. Omnis fugit saepe cumque sit. Ipsa atque sapiente fuga explicabo ipsa.

Aperiam iure eaque libero reiciendis. Fugiat possimus et et tenetur fugiat et.

Id aliquam distinctio et hic qui. Earum accusantium enim sunt eos cumque.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”