Compound annual growth rate - Wikipedia
https://en.m.wikipedia.org/wiki/Compound_annual_growth_rate
Compound annual growth rate (CAGR) is a business, economics and investing term for the geometric progression ratio that provides a constant rate of return over the time period. CAGR is not an accounting term, but it is often used to describe some element of the business, for example revenue, units delivered, registered users, etc. CAGR dampens the effect of volatilityof periodic returns that can render arithmetic means irrelevant. It is parti…
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