Math, asked by Bluewaves7782, 4 months ago

Is the rate of interest per year the same as the compound annual growth rate?

Answers

Answered by janujha432

Answer:

Compound annual growth rate (CAGR) is the rate of return that would be required for an investment to grow from its beginning balance to its ending balance, assuming the profits were reinvested at the end of each year of the investment's lifespan.

Step-by-step explanation:

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