An economy grows by 20 % and -20% in two successive years. Then CAGR (compound annual growth rate) over this period of two years is approximately:
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1 mark, −0.33MathematicsQuantitative aptitude and data reasoningInterest, growth rates and compoundingModerateabout 2 min
UoH 2020 Question 85: Quantitative aptitude and data reasoning
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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.
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