Rate of Return: You deposit $100 and receive $150 in the future. What CAGR (Compound...
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- Rate of Return: You deposit $100 and receive $150 in the future. What CAGR (Compound Annual Growth Rate) would you have realized, if the $150 came to you:
- 1 year in the future?
- 3 years in the future?
- 6 years in the future?
- 1 year in the future?
- 3 years in the future?
- 6 years in the future?
Formula is : i = (FV/PV)1/n - 1
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