title: Finding growth percentage needed to hit a quota goal. Excel
body: <p>Things I know: </p>
  
  <ul>
  <li>Need to make $165,000 by the end of December to break even.</li>
  <li>Made $48,000 so far this year (Jan-Apr).</li>
  <li>Made $12,500 in April.</li>
  </ul>
  
  <p>How would I figure out what my consistent growth would need to be to hit my break even point?</p>
  
  <p>Doing a guess and check method I came up with 11.060176%. This means </p>
  
  <ul>
  <li>May = $13,882.52</li>
  <li>June = $15,417.95</li>
  <li>July = $17,123.21</li>
  <li>August = $19,017.06</li>
  <li>September = $21,120.38</li>
  <li>October = $23,456.34</li>
  <li>November = $26,050.65</li>
  <li>December = $28,931.89</li>
  </ul>
  
  <p>I know the answer for this specific scenario is 11.060176% growth month over month, but that was with a lot of guess and check. How would you do this in a formulaic way.</p>
  
  <p>Thanks in advance.</p>