we are just using 2 years here. Let us apply the CAGR calculation formula here. You can verify if the CAGR calculation is correct. At CAGR of 14.02%, the investment of Rs.10,000 grows to Rs.

CAGR, or Compound Annual Growth Rate, is a financial metric that measures how an investment grows annually over a specific ...

19,000 at the end of 5 years. Obviously ... assume that returns are reinvested and hence CAGR will be the right method. Let us apply the formula now. CAGR = {(Future Value / Investment Value ...