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If+output+grows+by+43.2%+over+14+years,+what+is+the+annualized+(or+annual)+growth+rate?+write+the+answer+in+percent+terms+with+up+to+two+decimals+(e.g.,+10.22+for+10.22%,+or+2.33+for+2.33%).

Respuesta :

The rate of return (RoR) needed for an investment to increase from its starting balance to its ending balance, providing profits were reinvested at the conclusion of each period of the investment's life span, is known as the compound annual growth rate (CAGR).

To determine an investment's CAGR:

  • Divide the investment's worth at the end of the time by the value it had at the start of the period.
  • The result should be multiplied by one and divided by the number of years.
  • The outcome is then reduced by one.
  • To convert the response into a percentage, multiply by 100.

To learn more about Compound Annual Growth Rate from the given link.

https://brainly.com/question/1980839

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