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:
Author: Vikas Yadav
Vikas Yadav founded MonetarySection.com in 2014 and is responsible for everything published on it. He holds an MBA from NCU (formerly ITM), Gurugram, and writes about accounting, payroll and personal finance for Indian readers. Facts and figures are checked against official sources such as the Income Tax Department, RBI and IRDAI.
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