Annual Average Rate Calculator calculator can be used to calculate the average annual growth rate over a specified period based on initial and final values.
Learn how to use the Annual Average Rate Calculator and its working principles
The Annual Average Rate (AAR) is a measure of the average annual growth rate of an investment over a specified period. It's calculated using the formula:
AAR = ((Final Value / Initial Value)^(1/Period) - 1) * 100%
This formula gives you the compound annual growth rate, which represents the consistent rate at which your investment would have grown each year to reach the final value.
Suppose you invested $10,000 (initial value) which grew to $15,000 (final value) over 5 years (period). The annual average rate would be:
AAR = (($15,000 / $10,000)^(1/5) - 1) * 100% = 8.45%
This means your investment grew at an average rate of 8.45% per year.
The Annual Average Rate Calculator can be used for: