The compound annual growth rate (CAGR) is the rate of return required for the value of an investment or financial metric to grow from its beginning value to its ending value between two dates. In simple terms, the CAGR answers the question, “At what growth rate must the metric grow at ...
If you prefer to avoid Excel spreadsheets, you can also look for a CAGR calculator online. I recommend theCAGRCalculatorwebsite. Their online calculator contains all possible input criteria. You can also find the future value, internal rate of return, and initial investment amount with other cal...