Assume that you make an investment of $100,000 in 2015 that has a value of $122,504 3

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Assume that you make an investment of $100,000 in 2015 that has a value of $122,504 3 years later in 2018. What is the compound annual growth rate (CAGR) of your investment?

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Financial Accounting and Reporting a Global Perspective

ISBN: 978-1408076866

4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

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Posted Date: Dec 09, 2023 01:22 AM

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Assume that you make an investment of $100,000 in 2015 that has a value of $122,504 3

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The compound annual growth rate CAGR can be calculated using the following formula C... View the full answer

Financial Accounting and Reporting a Global Perspective

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