Compound annual growth rate
Description
Compound annual growth rate is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period.
Related formulasVariables
CAGR | Compound annual growth rate (dimensionless) |
Vt | Finish Value (dimensionless) |
V0 | Start value (dimensionless) |
n | Number of years (tn -to) (dimensionless) |