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What is Compound annual growth rate(CAGR)?

Business Development
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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2014/11/20
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Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

The year-over-year growth rate of an investment over a specified period of time.

The compound annual growth rate is calculated by taking the nth root of the total percentage growth rate, where n is the number of years in the period being considered.

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