CAGR is useful for comparing the returns of different investments over time, as it smoothes out volatility.
CAGR (Compound Annual Growth Rate) is the mean annual growth rate of an investment over a specified time period longer than one year. It represents one of the most accurate ways to calculate and determine returns for anything that can rise or fall in value over time.
Where 'n' is the number of years. The result is multiplied by 100 to get a percentage.
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