Compound annual growth rate

Definition of compound annual growth rate:

Compound annual growth rate (CAGR) is a measure of growth rate of an investment over a specified period of time.

Formula:

The following formula can be used in the calculation of CAGR:

Compound annual growth rate - formula

 

 

Vikas Sharma is the chief author at Monetary Section. He is an MBA (finance) from GJIMT Mohali. He started his career in 2014 and at the same time he started this website. He is young enthusiast who loves to educate people about finance. To reach out to the people from all territories, he chose internet as a medium.

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