For which one of the following purposes

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Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Financial Mathematics

Question:

For which one of the following purposes is CAGR (Compounded Annual Growth Rate) not used?

Options:

To calculate and communicate the average growth of a single investment

To understand and analyse the donations received by a non-government organisation

To demonstrate and compare the performance of investment advisors

To compare the historical returns of stocks with a savings account

Correct Answer:

To understand and analyse the donations received by a non-government organisation

Explanation:

The correct answer is Option (2) → To understand and analyse the donations received by a non-government organisation