Many times the word ldquo CAGR rdquo comes in news What does this word stand for ........

Current GK (IBPS-CL) Indian Economy

Many times the word “CAGR” comes in news. What does this word stand for-?

Current avoided growth rate

Compound average growth rate

Compound annual growth rate

Compound accelerated growth rate

None of the above

The compound annual growth rate (CAGR) is the mean annual growth rate of an investment over a specified period
of time longer than one year.

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