Compound Annual Growth Rate (CAGR)
A compound growth rate calculator determines the CAGR (compound annual growth rate) needed to reach a future value from a present value over a given period, or projects future value given a growth rate. If an investment grows from $10,000 to $25,000 over 10 years, the CAGR is (25,000/10,000)^(1/10) − 1 = 9.6%.
Difficulty:intermediate
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