Calculate Compound Annual Growth Rate
CAGR shows the constant annual growth rate that would turn a starting value into an ending value over a chosen number of years.
Formula: CAGR = (Ending Value Γ· Beginning Value)^(1/n) β 1
Keep the interest rate, payment frequency and time period consistent. Fees, compounding rules, taxes and lender or issuer conventions can change a real-world result, so use the calculator as a calculation aid rather than a contract quote.
Recalculate the result from the displayed formula and confirm that rate, term, compounding and monetary amounts use the same time basis.