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Assume that you make an investment of $100,000 in 2015 that has a value of $122,504 3 years later in 2018. What is the compound
Assume that you make an investment of $100,000 in 2015 that has a value of $122,504 3 years later in 2018. What is the compound annual growth rate (CAGR) of your investment?
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The compound annual growth rate CAGR can be calculated using the following formula C...
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Financial Accounting and Reporting a Global Perspective
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
4th edition
978-1408066621, 1408066629, 1408076861, 978-1408076866
