Define the meant of annul growth of population
Answers
The average annual growth rate (AAGR) is the average increase in the value of an individual investment, portfolio, asset, or cash stream over the period of a year. It is calculated by taking the arithmetic mean of a series of growth rates. The average annual growth rate can be calculated for any investment, but it will not include any measure of the investment's overall risk, as measured by its price volatility.
The average annual growth rate is used in many fields of study. For example, in economics, it is used to provide a better picture of the changes in economic activity (e.g. growth rate in real GDP).
How to Calculate AAGR
AAGR a standard for measuring average returns of investments over several time periods. You'll find this figure on brokerage statements and it is included in a mutual fund's prospectus. It is essentially the simple average of a series of periodic return growth rates. One thing to keep in mind is that the periods used should all be of equal length, for instance years, months, or weeks—and not to mix periods of different duration.
The average annual growth rate is helpful in determining long-term trends. It is applicable to almost any kind of financial measure including growth rates of profits, revenue, cash flow, expenses, etc. to provide the investors with an idea about the direction wherein the company is headed. The ratio tells you what your annual return has been, on average.
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Answer:
The population growth is the increase in the number of individuals in a population. Global human population growth amounts to around 83 million annually, or 1.1% per year. The global population has grown from 1 billion in 1800 to 7.8 billion in 2020.