If CAGR stands for Compound Annual Growth Rate, F.V stands for final value of an investment, P.V stands for present value of an investment and n is the number of years then
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → $CAGR =(\frac{F.V}{P.V})^{\frac{1}{n}}-1$ **
The correct CAGR formula is:
$\displaystyle CAGR=\left(\frac{F.V}{P.V}\right)^{\frac{1}{n}} - 1$