CUET Preparation Today
A measure of an average yearly growth of an investment over a certain time period when returns are reinvested is |
Compound annual growth rate Annual average growth rate Nominal rate Linear depreciation rate |
Compound annual growth rate |
The correct answer is Option (1) → Compound annual growth rate The measure of average yearly growth of an investment over time, accounting for reinvestment of returns, is known as the Compound Annual Growth Rate (CAGR). |
