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The annual revenue growth rates for five years for Stephen's Suitcases are shown in the following table. What is the Compound Annual Growth Rate (CAGR)

The annual revenue growth rates for five years for Stephen's Suitcases are shown in the following table. What is the Compound Annual Growth Rate (CAGR) for Stephen's Suitcases?

Year 1 30%

Year 2 - 45%

Year 3 12%

Year 4 18%

Year 5 -2%

  • -7.40%
  • -1.52%
  • 1.52%
  • 7.40%

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