Morpheus invested ₹10,000 in a crypto currency for 6 years and the value of his investments at the end of each year are given below :

The CAGR of his investment is :

(given that $(1.4)^{1/6}=1.058)$

5.8%

The correct answer is Option (3) → 5.8%

The compound annual growth rate (CAGR) is,

$CAGR=\left(\frac{A_1}{A_0}\right)^{1/n}-1$

$=\left(\frac{14,000}{11,000}\right)^{\frac{1}{5}}-1$

$=0.058$

$=5.8\%$