Compound Annual Growth Rate (CAGR) Calculator
This calculator determines the mean annual growth rate of an investment over a specified time period longer than one year.
Use Cases
- Investing: Comparing the historical performance of different assets (stocks, bonds).
- Business: Analyzing revenue growth over multiple years.
- Economics: Tracking GDP or population growth trends.
Formula
CAGR=(Beginning ValueEnding Value)n1−1
Where:
- n is the number of years