The Compound Annual Growth Rate (CAGR) Calculator is a simple tool designed to calculate the annual growth rate of an investment over multiple years. It helps users determine the annual growth rate required for an investment to grow from its initial value to its final value over a specified number of years.

How to use Compound Annual Growth Rate Calculator (CAGR):

1. Inputs: In the "Initial Value" field, enter the investment's initial value, its Final Value, and the number of years in the "Number of Years" field.
2. Calculation: Click the "Calculate CAGR" button to compute the compound Annual Growth Rate (CAGR).
3. Output: The calculated CAGR will be displayed in percentage (%), representing the annual growth rate required to reach the final value from the initial value over the given number of years.

Uses:

• Financial Planning: Determine the average annual growth rate required for an investment to reach a specific value in a certain number of years.
• Investment Analysis: Evaluate the performance of an investment by calculating its annual growth rate over a period.
• Business Projections: Forecast growth rates for business metrics, such as revenue or customer base, over multiple years.

This tool simplifies the process of computing the CAGR, providing users with a quick and straightforward way to analyze and plan investments or growth projections. Users can input the necessary values and obtain the annual growth rate needed for their financial or business planning purposes.