Question

    CAGR is a way to measure how an investment or business has grown over a specific period of time. It takes into account the effect of compounding, which means that the growth builds upon itself.What does ‘C’ in CAGR stand for?

    A Calculate Correct Answer Incorrect Answer
    B Compound Correct Answer Incorrect Answer
    C Critical Correct Answer Incorrect Answer
    D Cashless Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Compound annual growth rate (CAGR) is a way to measure how an investment or business has grown over a specific period of time. It takes into account the effect of compounding, which means that the growth builds upon itself.

    Practice Next

    Relevant for Exams: