CAGR is an abbreviation to mean Compound Annual Growth Rate, it's a compounded rate of growth of a number over several year, its derived by taking the number of years in the period being considered root of the total percentage growth rate. It's an imaginary number that gives an overview of the rate at which an investment would have multiplied at a steady rate.

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Compound annual growth rate (CAGR) is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period. CAGR is not an accounting...