CAGR Calculator helps you to calculate compound annual growth rates with just one tap.
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CAGR simply means compound annual growth rate which is either a positive percentage or a negative percentage. To calculate CAGR, three key important values are required by the user. These values are the initial value or beginning value, Ending value, and time direction in years. Once you have these key values, you can easily calculate the CAGR value. The equation to calculate CAGR is as follows.
To calculate CAGR, you need to divide the ending value by the beginning value and the final answer should have the power 1 by number of years minus 1.
Calculating CAGR is a difficult process and it becomes even more complicated when you have to calculate the growth rate of each year. To help finance students and educators, we have developed this really simple CAGR calculator app that can solve various big equations with just one tap on the button.
To use this app, you just have to enter the initial amount, final value, and total number of years and click on the calculate button. As soon as you insert these values and tap on the button, the final CAGR answer will be generated and shown to you. Not only that, this app also shows annual change whether it is increasing or decreasing.