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compounded annual growth rate

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(Querist)
11 December 2008 what is compounded annual growth rate?
Can any one pls give its formula.
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Ravikumar.G

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Ravikumar.G (Expert)
12 December 2008 CAGR. The year over year growth rate applied to an investment or other part of a company's activities over a multiple-year period. The formula for calculating CAGR is (Current Value/Base Value)^(1/# of years) - 1.

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