what is annual growth rate?
How it is calculated??
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To calculate an annual percentage growth rate over one year, subtract the starting value from the final value, then divide by the starting value. Multiply this result by 100 to get your growth rate displayed as a percentage. Keep reading to learn how to calculate annual growth over multiple years
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Annual percentage growth rates are useful when considering investment opportunitiesMunicipalities, schools and other groups also use the annual growth rate of populations to predict needs for buildings, services, etc. As important and useful as these statistics are, it is not difficult to calculate annual percentage growth rates.
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