Compound Annual Growth Rate Calculator calculator can be used to determine the annualized rate of return for an investment over a specified period, considering compound interest.
Learn how to use the Compound Annual Growth Rate Calculator and its working principles
CAGR represents the mean annual growth rate of an investment over a specified period of time, assuming the profits are reinvested at each compounding period. It's a useful measure for comparing the growth rates of different investments.
Suppose you invested $10,000 and after 5 years, your investment grew to $15,000. If interest was compounded annually, your CAGR would be approximately 9.14%. This means your investment grew at an average annual rate of 9.14%.