CAGR, or Compound Annual Growth Rate, is a financial metric that measures how an investment grows annually over a specific ...
CAGR = {(Future Value / Investment Value) ^ (1 / n)} - 1 Hence CAGR = {(19,000 / 10,000) ^ (1 / 5)} - 1 That means, we first calculate the 5th root of 1.90 = 1.1369 Now (1.1369 - 1) = 0.1369 or 13 ...
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