Visiting Faculty Member Interview Questions and Answers

CAGR stands for Compound Annual Growth Rate.

• CAGR is a measure used to determine the annual growth rate of an investment over a specific period of time.

• It takes into account the compounding effect of growth over multiple periods.

• CAGR is often used to compare the performance of different investments or to project future growth.

• The formula for CAGR is: ((Ending Value / Beginning Value)^(1 / Number of Years)) - 1.

• For example, if an investment grows from $1,000 to $1,500 over 5 ye...read more