Compounded Annual Growth Rates (CAGR) is calculated on the basis of:
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1 mark, −0.33MathematicsQuantitative aptitude and data reasoningInterest, growth rates and compoundingModerateabout 1 min
UoH 2014 Question 47: Quantitative aptitude and data reasoning
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Compounded Annual Growth Rates (CAGR) is calculated on the basis of: (A) (End Value/Starting Value) ^(1/Number of Years) (B) (End Value/Starting Value) ^(1/Number of Years) - 1 (C) (Starting Value/End Value) ^(1/Number of Years) - 1 (D) (Starting Value/End Value) ^(1/Number of Years)
Quantitative aptitude and data reasoning has come up 92 times in 6 exams since 2008.
What this question tests
This question is on Interest, growth rates and compounding, part of Quantitative aptitude and data reasoning in Mathematics.
Simple and compound interest and the growth-rate measures used for economies.
TestStop has 22 past-paper questions on this subtopic.
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Question from the UoH 2014 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.