For which one of the following purposes is CAGR (Compounded Annual Growth Rate) not used? |
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 |
To understand and analyse the donations received by a non-government organisation |
The correct answer is Option (2) → To understand and analyse the donations received by a non-government organisation |