CAGRllä
CAGR, or Compound Annual Growth Rate, is a metric used to measure the mean annual growth rate of an investment over a specified period longer than one year. It is particularly useful for comparing the performance of different investments or businesses over time. The formula for CAGR is derived from the rule of 72, which estimates the number of years required to double the invested money at a given annual rate of return. CAGR is calculated using the formula:
CAGR = (Ending Value / Beginning Value) ^ (1 / n) - 1
where n is the number of years the investment grew. This formula takes into account the effects