Compound Annual Growth Rate (CAGR) | Formula & Excel
20:10
YouTubeCounttuts
Compound Annual Growth Rate (CAGR) | Formula & Excel
In this lesson, we explain what the Compound Annual Growth Rate (CAGR) is, show and explain the CAGR formula, and got through some examples of calculating the CAGR for an investment and for revenues. We also show how to calculate the CAGR on Ecxel. Finally, we go through the advantages and disadvantages of CAGR. CAGR explained: 00:00 Compound ...
1.2K viewsJul 3, 2024
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[GET ANSWER] Annual growth rates for individual firms in the toy industry tend to fluctuate dramatically, depending on consumers' tastes and currentfads. Consider the following growth rates (in %) for two firms in this industry over the past five years.YearFirm 1Firm 213.01.522.19.1321.85.744.8-0.151.2-8.2picture Click here for the Excel Data Filea. Use the geometric mean to calculate the average growth rates for each firm. (Round your answers to 1 decimal place.)Average GrowthFirm 1Firm 2Rates%
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