The compound annual growth rate (CAGR) is the average annual growth rate over a given number of years.

Name: The compound annual growth rate (CAGR) is the average annual growth rate over a given number of years.
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The CAGR is calculated by taking the nth root of the total percentage growth over n years, minus 1, where n is the number of years. This provides an annualized average growth rate over the given time period.

The Compound Annual Growth Rate (CAGR) Is the Average Annual