Suppose that the NASDAQ Composite index hit a level of 2,060 in February of 2000. In February of 1994 it was at a level of 4 comma 6984,698. What was the annual average compound growth rate over the period? Suppose that the NASDAQ Composite index hit a level of 2,060 in February of 2000. In February of 1994 it was at a level of 4,698. What was the annual average compound growth rate over the period?