The compound annual growth rate is a helpful measure of increase over multiple time intervals. It is the rate of return that would be needed for an investment to grow from its opening balance to its ending balance, considering that the profits were reinvested at the end of each year of the investment’s lifespan
Please note The results provided by this calculator are intended for illustrative purposes only. This calculator is not intended to offer any tax, legal or financial advice and does not assure the availability of your eligibility for any specific product. For any practical use please consult your Financial Advisor.