Compound Rate =

First Year = 2008

Last Year = 2008

Begin Value = 0

End Value =

#Years =

Difference =

Computes a compound annual growth rate (CAGR) given the beginning and ending values and the beginning and ending period.

- Compound Rate%: Compounding rate expressed as a percentage.

- First Year: Year of the beginning value.

- Last Year: Year of the ending value.

- Begin Value: Value at the Beginning Year.

- End Value: Value at the End Year.

- #Years: Number of compounding years.

- Difference: Difference between end and begin value. A negative denotes a decrease.

From 2009 to 2017, the company increased its net income from 10,000,000 to 42,998,000. What's the compound annual growth rate for it's net income?

First Year: 2,009

Last Year: 2,017

Begin Value: 10,000,000

End Value: 42,998,000

Select "=" on Compound Rate% row. The company grew 20% per year.

Compound Rate

First Year

Last Year

Begin Value

End Value

#Years

Difference

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CAGR