Question

Example: Suppose the revenues of a company for four years, V(t) in the above formula, have been Year 2013 2014 2015 2016 Revenues 100 120 160 210 Calculate Compound annual Growth Rate.​

(210/100)^1/3-1=?

Answer 1

Ans: Lalala x
So explanation is x=2

Hope it helps u

Answer 2

cagr (0,3)= (210/100)^1/3-1=(2.1)^1/3-1

=1.2774-1=0.2774=0.2774*100=27.74%