Closed Skb08 closed 2 months ago
Hey @Skb08, Welcome to the project CalcDiverse! 🎊 Thanks for opening an issue! 🙌 Please wait for the issue to be assigned. Happy Coding!! ✨
Go ahead @Skb08
Hello @Skb08! Your issue #1260 has been closed. Thank you for your contribution!! 🙌
Description
What is CAGR? CAGR (Compound Annual Growth Rate) measures your investments' average annual growth over a given period. It shows you the average rate of return on your investments over a year. CAGR is a helpful tool for investors because it precisely measures investment growth (or decline) over time.
How to calculate? CAGR = (FV / PV) ^ (1 / n) – 1 In the above formula, FV stands for the future value of the investment, PV stands for the present value of the investment, and n stands for the number of years of investment.
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